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.

Open	High	Low	TWDKRW Price	Change
41.951517	42.035253	41.873579	41.990315	+0.038798
Entry Signal

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).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
41.951517	42.035253	41.873579	41.990315	+0.038798
Prev. Close	Volume	Bid	Ask	Time
41.951517				2021-10-25 19:58:43

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