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.
MarketClub’s Trade Triangles for TWDKRW
The long-term trend has been UP since Dec 3rd, 2019 at 39.124500
The intermediate-term trend has been UP since Jan 7th, 2020 at 39.049002
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).