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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

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

Weak Uptrend (+65) - TWDKRW is showing signs of weakening momentum to the upside. Monitor TWDKRW as it may be in the beginning stages of a reversal.

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.

FOREX_TWDKRW
Open High Low TWDKRW Price Change
43.022241 43.236848 43.014797 43.149075 +0.126834
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long-term trend has been UP since Oct 17th, 2024 at 42.692690

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2024 at 42.910599

short term up The short-term trend has been UP since Nov 22nd, 2024 at 43.162544

Smart Scan Analysis for TWDKRW

Based on our trend formula, TWDKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.022241 43.236848 43.014797 43.149075 +0.126834
Prev. Close Volume Bid Ask Time
43.022241 2024-11-22 11:21:05
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