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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

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_TWDCHF
Open High Low TWDCHF Price Change
0.032155 0.032191 0.032120 0.032183 +0.000028
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long term trend has been DOWN since Jan 8th, 2019 at 0.031781

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 0.031848

short term up The short term trend has been UP since Jan 11th, 2019 at 0.031939

Smart Scan Analysis for TWDCHF

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

-55
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032155 0.032191 0.032120 0.032183 +0.000028
Prev. Close Volume Bid Ask Time
0.032155 0.032181 0.032184 2019-01-20 22:02:15
Want to analyze New Taiwan Dollar/Swiss Franc TWDCHF or another symbol? Try our Free Forex Trend Analysis Report.