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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.

FOREX_TWDDKK
Open High Low TWDDKK Price Change
0.21680572 0.21680572 0.21680572 0.21680572 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 0.22104664

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2020 at 0.22007243

short term down 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).

-100
Smart Scan Analysis for TWDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21680572 0.21680572 0.21680572 0.21680572 0.00000000
Prev. Close Volume Bid Ask Time
0.21686490 2020-12-02 07:11:57
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