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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

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
0.031427 0.031531 0.031426 0.031439 +0.000012
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long term trend has been DOWN since Jul 23rd, 2018 at 0.032415

intermediate term down The intermediate term trend has been DOWN since Jul 23rd, 2018 at 0.032440

short term up The short term trend has been UP since Sep 25th, 2018 at 0.031432

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
0.031427 0.031531 0.031426 0.031439 +0.000012
Prev. Close Volume Bid Ask Time
0.031427 0.031416 0.031462 2018-09-25 18:34:41
Want to analyze New Taiwan Dollar/Swiss Franc TWDCHF or another symbol? Try our Free Forex Trend Analysis Report.