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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

New Taiwan Dollar/Chinese Renminbi Yuan (FOREX:TWDCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_TWDCNY
Open High Low TWDCNY Price Change
0.220395 0.220410 0.220395 0.220410 +0.000015
Entry Signal

MarketClub’s Trade Triangles for TWDCNY

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 0.222760

intermediate term up The intermediate term trend has been UP since Oct 30th, 2017 at 0.220530

short term down The short term trend has been DOWN since Nov 15th, 2017 at 0.219565

Smart Scan Analysis for TWDCNY

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

+55
Smart Scan Analysis for TWDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.220395 0.220410 0.220395 0.220410 +0.000015
Prev. Close Volume Bid Ask Time
0.220395 0.219000 0.221820 2017-11-18 18:31:15
Want to analyze New Taiwan Dollar/Chinese Renminbi Yuan TWDCNY or another symbol? Try our Free Forex Trend Analysis Report.