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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)

Long-Term Uptrend (+90) - TWDDKK is in a strong uptrend that is likely to continue. While TWDDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.222954 0.222954 0.222954 0.222954 0.000000
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.22199815

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2021 at 0.22081501

short term up The short-term trend has been UP since Mar 5th, 2021 at 0.21976207

Smart Scan Analysis for TWDDKK

Based on our trend formula, TWDDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.222954 0.222954 0.222954 0.222954 0.000000
Prev. Close Volume Bid Ask Time
0.222141 2021-03-07 21:00:30
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