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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)

Strong Downtrend (-100) - KRWTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWTWD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_KRWTWD
Open High Low KRWTWD Price Change
0.02310288 0.02315279 0.02305246 0.02309089 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 0.02313944

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 0.02306066

short term down The short-term trend has been DOWN since Jan 16th, 2022 at 0.02312604

Smart Scan Analysis for KRWTWD

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

-100
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02310288 0.02315279 0.02305246 0.02309089 -0.00001200
Prev. Close Volume Bid Ask Time
0.02310288 2022-01-17 10:45:47
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