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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)

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_KRWTWD
Open High Low KRWTWD Price Change
2.72785 2.72785 2.72775 2.72775 -0.00010
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long term trend has been DOWN since Feb 2nd, 2018 at 2.68615

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 2.75120

short term up The short term trend has been UP since Feb 12th, 2018 at 2.70820

Smart Scan Analysis for KRWTWD

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

-55
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72785 2.72785 2.72775 2.72775 -0.00010
Prev. Close Volume Bid Ask Time
2.72785 2.65230 2.80320 2018-02-20 00:30:17
Want to analyze South Korean Won/New Taiwan Dollar KRWTWD or another symbol? Try our Free Forex Trend Analysis Report.