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Forex Trend Analysis Report

Prepared for you on Wednesday, July 8, 2020.

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

Bull Market Weakness (+75) - KRWTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWTWD as it may be in the beginning stages of a reversal.

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
2.4658453 2.4677684 2.4645832 2.4657905 -0.0000550
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long-term trend has been DOWN since Dec 2nd, 2019 at 2.5626000

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2020 at 2.4573479

short term up The short-term trend has been UP since Jul 8th, 2020 at 2.4673469

Smart Scan Analysis for KRWTWD

Based on our trend formula, KRWTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4658453 2.4677684 2.4645832 2.4657905 -0.0000550
Prev. Close Volume Bid Ask Time
2.4658453 2.3915751 2.5400058 2020-07-08 02:34:59
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