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Forex Trend Analysis Report

Prepared for you on Saturday, February 15, 2025.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Crossroads (+60) - DKKTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DKKTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKTWD
Open High Low DKKTWD Price Change
4.5915871 4.6086512 4.5883418 4.5951238 +0.0035370
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long-term trend has been DOWN since Oct 16th, 2024 at 4.6824933

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2025 at 4.5957544

short term up The short-term trend has been UP since Feb 11th, 2025 at 4.5673942

Smart Scan Analysis for DKKTWD

Based on our trend formula, DKKTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5915871 4.6086512 4.5883418 4.5951238 +0.0035370
Prev. Close Volume Bid Ask Time
4.5915871 2025-02-14 17:03:40
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