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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)
Bear Market Rally (-75) - KRWTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWTWD as it may be in the beginning of a reversal.
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 DOWN since Dec 3rd, 2024 at 0.02298481
The short-term trend has been UP since Dec 25th, 2024 at 0.02256432
Smart Scan Analysis for KRWTWD
Based on our trend formula, KRWTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02236995 | 0.02237462 | 0.02226176 | 0.02231694 | -0.00005300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02236995 | 2024-12-26 15:47:03 |