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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

Open High Low TWDAUD Price Change
0.045493 0.045521 0.045403 0.045435 -0.000058
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term up The long term trend has been UP since Oct 31st, 2017 at 0.043350

intermediate term up The intermediate term trend has been UP since Aug 12th, 2018 at 0.044563

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.045637

Smart Scan Analysis for TWDAUD

Based on a pre-defined weighted trend formula for chart analysis, TWDAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045493 0.045521 0.045403 0.045435 -0.000058
Prev. Close Volume Bid Ask Time
0.045493 0.045433 0.045436 2018-10-15 07:35:42
Want to analyze New Taiwan Dollar/Australian Dollar TWDAUD or another symbol? Try our Free Forex Trend Analysis Report.