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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CADTWD
Open High Low CADTWD Price Change
22.7355 22.7355 22.7355 22.7355 0.0000
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 down The intermediate term trend has been DOWN since May 27th, 2018 at 23.1305

short term down The short term trend has been DOWN since Jun 17th, 2018 at 22.9795

Smart Scan Analysis for CADTWD

Based on a pre-defined weighted trend formula for chart analysis, CADTWD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.7355 22.7355 22.7355 22.7355 0.0000
Prev. Close Volume Bid Ask Time
22.7355 22.0820 23.3890 2018-06-17 21:06:04
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.