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Forex Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_NZDTWD
Open High Low NZDTWD Price Change
20.730 20.730 20.730 20.730 0.000
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term down The long term trend has been DOWN since Dec 20th, 2016 at 22.462

intermediate term up The intermediate term trend has been UP since May 18th, 2017 at 20.935

short term up The short term trend has been UP since May 18th, 2017 at 20.935

Smart Scan Analysis for NZDTWD

Based on a pre-defined weighted trend formula for chart analysis, NZDTWD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.730 20.730 20.730 20.730 0.000
Prev. Close Volume Bid Ask Time
21.214 20.112 21.348 2017-05-20 06:37:16
Want to analyze New Zealand Dollar/New Taiwan Dollar NZDTWD or another symbol? Try our Free Forex Trend Analysis Report.