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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

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
0.34016832 0.34246235 0.33900231 0.33994758 -0.00022100
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long-term trend has been UP since Oct 28th, 2024 at 0.33257584

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2024 at 0.34094916

short term up The short-term trend has been UP since Nov 20th, 2024 at 0.33934679

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
0.34016832 0.34246235 0.33900231 0.33994758 -0.00022100
Prev. Close Volume Bid Ask Time
0.34016832 2024-11-22 11:26:19
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