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Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
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.
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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 UP since Feb 25th, 2021 at 40.316115
The short-term trend has been UP since Mar 2nd, 2021 at 40.515406
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.288843 | 40.516245 | 40.239637 | 40.512230 | +0.223387 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.288843 | 2021-03-03 10:06:26 |