Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

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
0.024867 0.024900 0.024789 0.024869 +0.000002
Entry Signal

MarketClub’s Trade Triangles for TWDGBP

long term down The long term trend has been DOWN since Sep 18th, 2018 at 0.024648

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2018 at 0.025007

short term up The short term trend has been UP since Oct 14th, 2018 at 0.024660

Smart Scan Analysis for TWDGBP

Based on a pre-defined weighted trend formula for chart analysis, TWDGBP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024867 0.024900 0.024789 0.024869 +0.000002
Prev. Close Volume Bid Ask Time
0.024867 0.024867 0.024870 2018-10-23 17:02:53
Want to analyze New Taiwan Dollar/British Pound TWDGBP or another symbol? Try our Free Forex Trend Analysis Report.