Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDTWD
Open High Low AUDTWD Price Change
21.953 21.953 21.953 21.953 0.000
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long term trend has been DOWN since Mar 5th, 2018 at 22.7915

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 21.8975

short term up The short term trend has been UP since Oct 9th, 2018 at 21.8585

Smart Scan Analysis for AUDTWD

Based on a pre-defined weighted trend formula for chart analysis, AUDTWD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.953 21.953 21.953 21.953 0.000
Prev. Close Volume Bid Ask Time
21.953 21.335 22.571 2018-10-09 21:28:14
Want to analyze Australian Dollar/New Taiwan Dollar AUDTWD or another symbol? Try our Free Forex Trend Analysis Report.