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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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
0.23831849 0.24048690 0.23778234 0.23931855 +0.00100000
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

long term down The long-term trend has been DOWN since May 19th, 2022 at 0.23225874

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 0.24059353

short term up The short-term trend has been UP since Jun 30th, 2022 at 0.24027205

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
0.23831849 0.24048690 0.23778234 0.23931855 +0.00100000
Prev. Close Volume Bid Ask Time
0.23831849 2022-07-01 17:10:25
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