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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

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

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_KRWTWD
Open High Low KRWTWD Price Change
2.77730 2.78230 2.77730 2.78075 +0.00345
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term up The long term trend has been UP since May 10th, 2018 at 2.78975

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 2.76170

short term up The short term trend has been UP since May 21st, 2018 at 2.77400

Smart Scan Analysis for KRWTWD

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

+100
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.77730 2.78230 2.77730 2.78075 +0.00345
Prev. Close Volume Bid Ask Time
2.77730 2.70160 2.85990 2018-05-24 02:05:18
Want to analyze South Korean Won/New Taiwan Dollar KRWTWD or another symbol? Try our Free Forex Trend Analysis Report.