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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

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.

FOREX_TWDKRW
Open High Low TWDKRW Price Change
42.759752 42.922303 42.753053 42.766620 +0.006868
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long-term trend has been UP since Mar 10th, 2023 at 43.479974

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2023 at 41.147001

short term up The short-term trend has been UP since Mar 15th, 2023 at 42.965223

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).

+90
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.759752 42.922303 42.753053 42.766620 +0.006868
Prev. Close Volume Bid Ask Time
42.759752 2023-03-21 14:03:55
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