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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Long-Term Uptrend (+90) - DKKTWD is in a strong uptrend that is likely to continue. While DKKTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
4.5723123 4.5723123 4.5723123 4.5723123 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term up The long-term trend has been UP since Jul 15th, 2020 at 4.5279054

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 4.5744506

short term up The short-term trend has been UP since Feb 24th, 2021 at 4.5544287

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).

+90
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5723123 4.5723123 4.5723123 4.5723123 0.0000000
Prev. Close Volume Bid Ask Time
4.5070955 2021-02-25 07:31:41
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