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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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

Bear Market Rally (-75) - KRWTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWTWD as it may be in the beginning 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
0.02509244 0.02509244 0.02509244 0.02509244 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 2.43149120

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2021 at 0.02492192

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.02540540

Smart Scan Analysis for KRWTWD

Based on our trend formula, KRWTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02509244 0.02509244 0.02509244 0.02509244 0.00000000
Prev. Close Volume Bid Ask Time
0.02490658 2021-05-01 03:02:39
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