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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Crossroads (+60) - TWDSEK 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 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
0.33657672 0.33698509 0.33621676 0.33677158 +0.00019500
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long-term trend has been UP since Oct 28th, 2024 at 0.33257584

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.32803781

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.33574752

Smart Scan Analysis for TWDSEK

Based on our trend formula, TWDSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33657672 0.33698509 0.33621676 0.33677158 +0.00019500
Prev. Close Volume Bid Ask Time
0.33657672 2024-11-20 03:35:03
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