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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Long-Term Downtrend (-90) - DKKTWD is in a strong downtrend that is likely to continue. While DKKTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for DKKTWD
The long-term trend has been DOWN since May 4th, 2025 at 4.5192014
The intermediate-term trend has been DOWN since May 1st, 2025 at 4.7594474
The short-term trend has been DOWN since Apr 29th, 2025 at 4.9247624
Smart Scan Analysis for DKKTWD
Based on our trend formula, DKKTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5423838 | 4.5634525 | 4.4949626 | 4.5533969 | +0.0110130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5423838 | 2025-05-09 07:20:09 |