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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Strong Uptrend (+100) - TWDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid TWDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDDKK.
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 TWDDKK
The long-term trend has been UP since Oct 16th, 2024 at 0.21356148
The intermediate-term trend has been UP since Sep 27th, 2024 at 0.21213413
The short-term trend has been UP since Nov 19th, 2024 at 0.21846728
Smart Scan Analysis for TWDDKK
Based on our trend formula, TWDDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21698117 | 0.21719415 | 0.21677780 | 0.21702551 | +0.00004400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21698117 | 2024-11-20 03:43:38 |