Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TWDDKK
Open High Low TWDDKK Price Change
0.22133534 0.22133534 0.22133534 0.22133534 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

long term up The long term trend has been UP since Aug 1st, 2019 at 0.21592000

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 0.22127471

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 0.22232015

Smart Scan Analysis for TWDDKK

Based on a pre-defined weighted trend formula for chart analysis, TWDDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TWDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22133534 0.22133534 0.22133534 0.22133534 0.00000000
Prev. Close Volume Bid Ask Time
0.22133534 0.21478465 0.22788603 2019-12-08 20:00:20
Want to analyze New Taiwan Dollar/Danish Krone TWDDKK or another symbol? Try our Free Forex Trend Analysis Report.