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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.

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

MarketClub’s Trade Triangles for TWDDKK

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

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

short term up 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
Smart Scan Analysis for TWDDKK
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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