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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

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.

FOREX_TWDCAD
Open High Low TWDCAD Price Change
0.043402 0.043402 0.043402 0.043402 0.000000
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term up The long term trend has been UP since Nov 13th, 2018 at 0.042971

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2018 at 0.042662

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.043110

Smart Scan Analysis for TWDCAD

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

+75
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.043402 0.043402 0.043402 0.043402 0.000000
Prev. Close Volume Bid Ask Time
0.043402 0.043388 0.043417 2018-12-15 00:25:36
Want to analyze New Taiwan Dollar/Canadian Dollar TWDCAD or another symbol? Try our Free Forex Trend Analysis Report.