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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.
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MarketClub’s Trade Triangles for TWDDKK
The long-term trend has been UP since Mar 5th, 2021 at 0.22199815
The intermediate-term trend has been UP since Mar 5th, 2021 at 0.22081501
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).
| 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 |