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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.
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MarketClub’s Trade Triangles for KRWTWD
The long-term trend has been DOWN since Dec 3rd, 2021 at 0.02313944
The intermediate-term trend has been DOWN since Jan 4th, 2022 at 0.02306066
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).
| 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 |