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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

/New Taiwan Dollar (FOREX:CNHTWD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_CNHTWD
Open High Low CNHTWD Price Change
4.5463 4.5463 4.5463 4.5463 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHTWD

long term up The long term trend has been UP since Jan 7th, 2019 at 4.4859

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 4.4774

short term up The short term trend has been UP since Jan 7th, 2019 at 4.4774

Smart Scan Analysis for CNHTWD

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

+70
Smart Scan Analysis for CNHTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5463 4.5463 4.5463 4.5463 0.0000
Prev. Close Volume Bid Ask Time
4.5463 4.5458 4.5468 2019-01-17 15:26:18
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