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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 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
0.259305 0.260325 0.258185 0.258360 -0.000945
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term up The long term trend has been UP since Mar 15th, 2017 at 0.254390

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2017 at 0.257415

short term up The short term trend has been UP since Sep 22nd, 2017 at 0.260315

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
0.259305 0.260325 0.258185 0.258360 -0.000945
Prev. Close Volume Bid Ask Time
0.259305 0.258310 0.258410 2017-09-22 18:44:37
Want to analyze New Taiwan Dollar/Hong Kong Dollar TWDHKD or another symbol? Try our Free Forex Trend Analysis Report.