Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Strong Downtrend (-100) - TWDDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for TWDDKK
The long-term trend has been DOWN since Jul 15th, 2020 at 0.22104664
The intermediate-term trend has been DOWN since Nov 17th, 2020 at 0.22007243
The short-term trend has been DOWN since Nov 22nd, 2020 at 0.21992900
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).