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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Weak Downtrend (-65) - DKKTWD is showing signs of a strengthening downtrend. Monitor DKKTWD as it may be building momentum to the downside.

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
4.4087261 4.4127397 4.3744269 4.3810191 -0.0277070
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 4.2612807

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 4.4287202

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 4.3808302

Smart Scan Analysis for DKKTWD

Based on our trend formula, DKKTWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4087261 4.4127397 4.3744269 4.3810191 -0.0277070
Prev. Close Volume Bid Ask Time
4.4087261 2023-03-24 15:34:23
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