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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_TWDCAD
Open High Low TWDCAD Price Change
0.042003 0.042019 0.041919 0.041919 -0.000084
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term down The long term trend has been DOWN since Jul 26th, 2018 at 0.042545

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 0.042024

short term down The short term trend has been DOWN since Oct 19th, 2018 at 0.041937

Smart Scan Analysis for TWDCAD

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

-100
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.042003 0.042019 0.041919 0.041919 -0.000084
Prev. Close Volume Bid Ask Time
0.042003 0.041917 0.041921 2018-10-19 06:00:24
Want to analyze New Taiwan Dollar/Canadian Dollar TWDCAD or another symbol? Try our Free Forex Trend Analysis Report.