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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)
Sidelines Mode (-55) - KRWTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for KRWTWD
The long-term trend has been DOWN since Oct 18th, 2024 at 0.02337094
The intermediate-term trend has been UP since Nov 17th, 2024 at 0.02330663
The short-term trend has been DOWN since Nov 19th, 2024 at 0.02313707
Smart Scan Analysis for KRWTWD
Based on our trend formula, KRWTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02335107 | 0.02336572 | 0.02329290 | 0.02329788 | -0.00005300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02335107 | 2024-11-20 03:47:30 |