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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

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

Strong Uptrend (+100) - TWDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
40.261160 40.855096 40.254120 40.832811 +0.571651
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long-term trend has been UP since Dec 3rd, 2019 at 39.124500

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 39.049002

short term up The short-term trend has been UP since Mar 30th, 2020 at 40.742337

Smart Scan Analysis for TWDKRW

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

+100
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.261160 40.855096 40.254120 40.832811 +0.571651
Prev. Close Volume Bid Ask Time
40.261160 40.799802 40.865819 2020-04-01 14:43:55
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