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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
23.216 23.216 23.216 23.216 0.000
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term down The long term trend has been DOWN since Nov 14th, 2018 at 23.3035

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 23.0370

short term down The short term trend has been DOWN since Jan 21st, 2019 at 23.2570

Smart Scan Analysis for CADTWD

Based on a pre-defined weighted trend formula for chart analysis, CADTWD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.216 23.216 23.216 23.216 0.000
Prev. Close Volume Bid Ask Time
23.216 22.555 23.877 2019-01-21 21:03:56
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.