Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)

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

Is it time to buy, sell, or avoid TWDDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDDKK
Open High Low TWDDKK Price Change
0.21546738 0.21627381 0.21534368 0.21625549 +0.00078800
Entry Signal

MarketClub’s Trade Triangles for TWDDKK

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.21515712

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 0.21899685

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.21582113

Smart Scan Analysis for TWDDKK

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

-75
Smart Scan Analysis for TWDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21546738 0.21627381 0.21534368 0.21625549 +0.00078800
Prev. Close Volume Bid Ask Time
0.21546738 2024-03-28 19:03:00
Get a free daily analysis and signals for New Taiwan Dollar/Danish Krone (TWDDKK) - Request Your Free Report.