
Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)
Crossroads (+60) - TWDKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TWDKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDKRW
The long-term trend has been DOWN since Jun 8th, 2023 at 42.119080
The intermediate-term trend has been UP since Sep 26th, 2023 at 41.914892
The short-term trend has been UP since Oct 2nd, 2023 at 42.233397
Smart Scan Analysis for TWDKRW
Based on our trend formula, TWDKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
42.096734 | 42.134576 | 41.981055 | 42.059196 | -0.037538 |
Prev. Close | Volume | Bid | Ask | Time |
42.096734 | 2023-10-03 13:15:11 |