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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.

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

MarketClub’s Trade Triangles for TWDKRW

long term up The long-term trend has been UP since Feb 1st, 2021 at 39.995059

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 42.214158

short term down 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
Smart Scan Analysis for TWDKRW
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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