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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Weak Downtrend (-65) - TWDSEK is showing signs of a strengthening downtrend. Monitor TWDSEK as it may be building momentum to the downside.

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.

FOREX_TWDSEK
Open High Low TWDSEK Price Change
0.29725621 0.30186357 0.29679945 0.30158754 +0.00433100
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.31155566

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.29486336

short term up The short-term trend has been UP since Feb 17th, 2021 at 0.29673949

Smart Scan Analysis for TWDSEK

Based on our trend formula, TWDSEK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29725621 0.30186357 0.29679945 0.30158754 +0.00433100
Prev. Close Volume Bid Ask Time
0.29725621 2021-02-26 17:11:43
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