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.
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).