Forex Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)
Strong Uptrend (+100) - TWDSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid TWDSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDSEK
The long-term trend has been UP since Nov 15th, 2021 at 0.31603768
The intermediate-term trend has been UP since Jan 18th, 2022 at 0.33213048
The short-term trend has been UP since Jan 17th, 2022 at 0.32840536
Smart Scan Analysis for TWDSEK
Based on our trend formula, TWDSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).