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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 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
23.478 23.478 23.478 23.478 0.000
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 Oct 21st, 2018 at 23.7080

short term down The short term trend has been DOWN since Oct 7th, 2018 at 23.8585

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
23.478 23.478 23.478 23.478 0.000
Prev. Close Volume Bid Ask Time
23.478 22.815 24.141 2018-10-21 20:21:05
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.