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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CADTWD
Open High Low CADTWD Price Change
23.5325 23.7155 23.5325 23.7155 +0.1830
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term up The long term trend has been UP since May 15th, 2018 at 23.3580

intermediate term up The intermediate term trend has been UP since Jun 28th, 2018 at 23.1095

short term up The short term trend has been UP since Aug 14th, 2018 at 23.6360

Smart Scan Analysis for CADTWD

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

+100
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.5325 23.7155 23.5325 23.7155 +0.1830
Prev. Close Volume Bid Ask Time
23.5325 23.0410 24.3900 2018-08-14 21:13:09
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.