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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

New Taiwan Dollar/British Pound (FOREX:TWDGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_TWDGBP
Open High Low TWDGBP Price Change
0.025133 0.025445 0.025084 0.025164 +0.000031
Entry Signal

MarketClub’s Trade Triangles for TWDGBP

long term up The long term trend has been UP since Dec 3rd, 2018 at 0.025580

intermediate term down The intermediate term trend has been DOWN since Jan 11th, 2019 at 0.025345

short term down The short term trend has been DOWN since Jan 11th, 2019 at 0.025359

Smart Scan Analysis for TWDGBP

Based on a pre-defined weighted trend formula for chart analysis, TWDGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025133 0.025445 0.025084 0.025164 +0.000031
Prev. Close Volume Bid Ask Time
0.025133 0.025153 0.025175 2019-01-15 19:03:09
Want to analyze New Taiwan Dollar/British Pound TWDGBP or another symbol? Try our Free Forex Trend Analysis Report.