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Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)

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_TWDHKD
Open High Low TWDHKD Price Change
0.259155 0.260405 0.258685 0.260135 +0.000980
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term down The long term trend has been DOWN since Oct 26th, 2017 at 0.254550

intermediate term up The intermediate term trend has been UP since Nov 14th, 2017 at 0.259740

short term down The short term trend has been DOWN since Nov 15th, 2017 at 0.258335

Smart Scan Analysis for TWDHKD

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

+55
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.259155 0.260405 0.258685 0.260135 +0.000980
Prev. Close Volume Bid Ask Time
0.259155 0.260120 0.260150 2017-11-21 10:18:02
Want to analyze New Taiwan Dollar/Hong Kong Dollar TWDHKD or another symbol? Try our Free Forex Trend Analysis Report.