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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)
Long-Term Uptrend (+90) - TWDKRW is in a strong uptrend that is likely to continue. While TWDKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jan 2nd, 2024 at 42.562323
The intermediate-term trend has been UP since Apr 1st, 2024 at 42.297579
The short-term trend has been UP since Apr 7th, 2024 at 42.211914
Smart Scan Analysis for TWDKRW
Based on our trend formula, TWDKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.999757 | 43.000817 | 42.779118 | 42.793651 | -0.206106 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.999757 | 2024-04-16 10:56:43 |