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Forex Trend Analysis Report

Prepared for you on Sunday, May 28, 2017.

Euro/New Taiwan Dollar (FOREX:EURTWD)

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_EURTWD
Open High Low EURTWD Price Change
33.7733 33.7733 33.7733 33.7733 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURTWD

long term up The long term trend has been UP since May 18th, 2017 at 33.3314

intermediate term up The intermediate term trend has been UP since Apr 20th, 2017 at 32.6174

short term up The short term trend has been UP since May 18th, 2017 at 32.9893

Smart Scan Analysis for EURTWD

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

+70
Smart Scan Analysis for EURTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.7733 33.7733 33.7733 33.7733 0.0000
Prev. Close Volume Bid Ask Time
33.7441 32.7733 34.7733 2017-05-25 19:05:35
Want to analyze Euro/New Taiwan Dollar EURTWD or another symbol? Try our Free Forex Trend Analysis Report.