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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
2.74905 2.74905 2.73210 2.74705 -0.00200
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long term trend has been DOWN since Jul 13th, 2018 at 2.70330

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 2.75375

short term down The short term trend has been DOWN since Dec 5th, 2018 at 2.75540

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
2.74905 2.74905 2.73210 2.74705 -0.00200
Prev. Close Volume Bid Ask Time
2.74905 2.66880 2.82530 2018-12-11 12:17:11
Want to analyze South Korean Won/New Taiwan Dollar KRWTWD or another symbol? Try our Free Forex Trend Analysis Report.