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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

FOREX_KRWTWD
Open High Low KRWTWD Price Change
0.02367306 0.02367306 0.02367306 0.02367306 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 2.43149120

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.02359576

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.02359576

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
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02367306 0.02367306 0.02367306 0.02367306 0.00000000
Prev. Close Volume Bid Ask Time
0.02367306 2021-10-14 07:18:43
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