Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)

Crossroads (-60) - KRWTWD 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 KRWTWD?

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

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

Open	High	Low	KRWTWD Price	Change
0.02349654	0.02354955	0.02326985	0.02327601	-0.00022100
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

The long-term trend has been DOWN since Mar 10th, 2023 at 0.02299710

The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.02362695

The short-term trend has been UP since Mar 22nd, 2023 at 0.02351829

Smart Scan Analysis for KRWTWD

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

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02349654	0.02354955	0.02326985	0.02327601	-0.00022100
Prev. Close	Volume	Bid	Ask	Time
0.02349654				2023-03-24 08:33:27

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