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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Bull Market Weakness (+75) - TWDDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDDKK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for TWDDKK
The long-term trend has been UP since Oct 16th, 2024 at 0.21356148
The intermediate-term trend has been UP since Sep 27th, 2024 at 0.21213413
The short-term trend has been DOWN since Jan 20th, 2025 at 0.21963413
Smart Scan Analysis for TWDDKK
Based on our trend formula, TWDDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22087183 | 0.22102183 | 0.21936921 | 0.22015101 | -0.00072100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22087183 | 2025-01-20 09:35:20 |