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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)

Countertrend Up (+85) - TWDKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid TWDKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDKRW
Open High Low TWDKRW Price Change
44.076717 44.189274 44.044563 44.159994 +0.083277
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long-term trend has been UP since Oct 17th, 2024 at 42.692690

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 44.603701

short term down The short-term trend has been DOWN since Feb 5th, 2025 at 44.015564

Smart Scan Analysis for TWDKRW

Based on our trend formula, TWDKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.076717 44.189274 44.044563 44.159994 +0.083277
Prev. Close Volume Bid Ask Time
44.076717 2025-02-06 08:19:43
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