Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

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_TWDAUD
Open High Low TWDAUD Price Change
0.044747 0.044943 0.044720 0.044765 +0.000018
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 0.044117

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.045097

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.044772

Smart Scan Analysis for TWDAUD

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

-55
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.044747 0.044943 0.044720 0.044765 +0.000018
Prev. Close Volume Bid Ask Time
0.044747 0.044762 0.044769 2018-12-11 16:09:47
Want to analyze New Taiwan Dollar/Australian Dollar TWDAUD or another symbol? Try our Free Forex Trend Analysis Report.