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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

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

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_TWDHKD
Open High Low TWDHKD Price Change
0.253845 0.254125 0.253470 0.253920 +0.000075
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.257545

intermediate term up The intermediate term trend has been UP since Dec 27th, 2018 at 0.255865

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.253465

Smart Scan Analysis for TWDHKD

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

+65
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.253845 0.254125 0.253470 0.253920 +0.000075
Prev. Close Volume Bid Ask Time
0.253845 0.253850 0.253990 2019-01-22 15:30:37
Want to analyze New Taiwan Dollar/Hong Kong Dollar TWDHKD or another symbol? Try our Free Forex Trend Analysis Report.