Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)

Crossroads (-60) - TWDDKK 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 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.

Open	High	Low	TWDDKK Price	Change
0.22728924	0.22797343	0.22710031	0.22723862	-0.00005100
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

The long-term trend has been DOWN since Sep 22nd, 2022 at 0.23392609

The intermediate-term trend has been UP since Feb 23rd, 2023 at 0.23180644

The short-term trend has been UP since Mar 15th, 2023 at 0.22880703

Smart Scan Analysis for TWDDKK

Based on our trend formula, TWDDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.22728924	0.22797343	0.22710031	0.22723862	-0.00005100
Prev. Close	Volume	Bid	Ask	Time
0.22728924				2023-03-21 06:42:52

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