Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 30, 2024.
South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)
Long-Term Downtrend (-90) - KRWTWD is in a strong downtrend that is likely to continue. While KRWTWD is showing intraday strength, it remains in the confines of a bearish trend. 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for KRWTWD
The long-term trend has been DOWN since Jan 2nd, 2024 at 0.02348274
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.02364202
The short-term trend has been DOWN since Apr 28th, 2024 at 0.02363450
Smart Scan Analysis for KRWTWD
Based on our trend formula, KRWTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02363147 | 0.02364037 | 0.02351540 | 0.02357179 | -0.00006000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02363147 | 2024-04-30 18:30:03 |