Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Bear Market Rally (-75) - TWDSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDSEK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid TWDSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	TWDSEK Price	Change
0.33368990	0.33370719	0.33038561	0.33178324	-0.00190700
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

The long-term trend has been DOWN since Jul 19th, 2023 at 0.32771865

The intermediate-term trend has been DOWN since Nov 9th, 2023 at 0.33661299

The short-term trend has been UP since Nov 29th, 2023 at 0.33218526

Smart Scan Analysis for TWDSEK

Based on our trend formula, TWDSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.33368990	0.33370719	0.33038561	0.33178324	-0.00190700
Prev. Close	Volume	Bid	Ask	Time
0.33368990				2023-12-01 17:11:31

Get a free daily analysis and signals for New Taiwan Dollar/Swedish Krona (TWDSEK) - Request Your Free Report.