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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Hong Kong Dollar/New Taiwan Dollar (FOREX:HKDTWD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_HKDTWD
Open High Low HKDTWD Price Change
3.9567 3.9567 3.9567 3.9567 0.0000
Entry Signal

MarketClub’s Trade Triangles for HKDTWD

long term up The long term trend has been UP since Apr 25th, 2018 at 3.7638

intermediate term up The intermediate term trend has been UP since Nov 12th, 2018 at 3.9450

short term up The short term trend has been UP since Dec 11th, 2018 at 3.9498

Smart Scan Analysis for HKDTWD

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

+100
Smart Scan Analysis for HKDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9567 3.9567 3.9567 3.9567 0.0000
Prev. Close Volume Bid Ask Time
3.9567 3.8440 4.0694 2018-12-13 20:57:22
Want to analyze Hong Kong Dollar/New Taiwan Dollar HKDTWD or another symbol? Try our Free Forex Trend Analysis Report.