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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Long-Term Uptrend (+90) - TWDSEK is in a strong uptrend that is likely to continue. While TWDSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_TWDSEK
Open High Low TWDSEK Price Change
0.34080852 0.34429515 0.34010432 0.34376938 +0.00296100
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long-term trend has been UP since Mar 10th, 2023 at 0.35477320

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 0.34702591

short term up The short-term trend has been UP since Mar 24th, 2023 at 0.34333950

Smart Scan Analysis for TWDSEK

Based on our trend formula, TWDSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34080852 0.34429515 0.34010432 0.34376938 +0.00296100
Prev. Close Volume Bid Ask Time
0.34080852 2023-03-24 15:26:46
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