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Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
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.
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MarketClub’s Trade Triangles for TWDKRW
The long-term trend has been DOWN since Jun 8th, 2023 at 42.119080
The intermediate-term trend has been UP since Nov 28th, 2023 at 41.883142
The short-term trend has been UP since Nov 20th, 2023 at 40.915646
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.368523 | 41.574240 | 41.247917 | 41.317538 | -0.050985 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.368523 | 2023-11-29 08:06:19 |