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Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

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

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.255010 0.255045 0.254910 0.254950 -0.000060
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term down The long term trend has been DOWN since Apr 26th, 2018 at 0.263060

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.252965

short term down The short term trend has been DOWN since Oct 17th, 2018 at 0.253035

Smart Scan Analysis for TWDHKD

Based on a pre-defined weighted trend formula for chart analysis, TWDHKD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.255010 0.255045 0.254910 0.254950 -0.000060
Prev. Close Volume Bid Ask Time
0.255010 0.254880 0.255020 2018-10-21 16:38:07
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