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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Crossroads (+60) - TWDSEK 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 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
0.33371935 0.33615480 0.33239448 0.33425061 +0.00053100
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term down The long-term trend has been DOWN since Jul 19th, 2023 at 0.32771865

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 0.32978715

short term up The short-term trend has been UP since Apr 25th, 2024 at 0.33502639

Smart Scan Analysis for TWDSEK

Based on our trend formula, TWDSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33371935 0.33615480 0.33239448 0.33425061 +0.00053100
Prev. Close Volume Bid Ask Time
0.33371935 2024-04-25 21:22:15
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