Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)
Crossroads (-60) - TWDKRW 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 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.
MarketClub’s Trade Triangles for TWDKRW
The long-term trend has been UP since Feb 1st, 2021 at 39.995059
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 42.214158
The short-term trend has been DOWN since Oct 24th, 2021 at 42.103260
Smart Scan Analysis for TWDKRW
Based on our trend formula, TWDKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).