Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Weak Uptrend (+65) - TWDDKK is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for TWDDKK
The long-term trend has been UP since Mar 22nd, 2020 at 0.22991548
The intermediate-term trend has been UP since Mar 22nd, 2020 at 0.22464491
The short-term trend has been DOWN since Apr 2nd, 2020 at 0.22769891
Smart Scan Analysis for TWDDKK
Based on our trend formula, TWDDKK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).