Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 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.

Open	High	Low	KRWTWD Price	Change
0.02343353	0.02361200	0.02340907	0.02354618	+0.00011300
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

The long-term trend has been DOWN since Jan 2nd, 2024 at 0.02348274

The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.02364202

The short-term trend has been UP since Apr 17th, 2024 at 0.02349184

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).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02343353	0.02361200	0.02340907	0.02354618	+0.00011300
Prev. Close	Volume	Bid	Ask	Time
0.02343353				2024-04-17 23:11:50

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