Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

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
0.02268593 0.02270969 0.02262714 0.02268508 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long-term trend has been DOWN since Oct 18th, 2024 at 0.02337094

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2025 at 0.02264339

short term up The short-term trend has been UP since Feb 5th, 2025 at 0.02272048

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
0.02268593 0.02270969 0.02262714 0.02268508 -0.00000100
Prev. Close Volume Bid Ask Time
0.02268593 2025-02-06 14:24:57
Get a free daily analysis and signals for South Korean Won/New Taiwan Dollar (KRWTWD) - Request Your Free Report.