Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
0.257235 0.257735 0.255135 0.256835 -0.000400
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 Jun 14th, 2018 at 0.258935

short term up The short term trend has been UP since Aug 16th, 2018 at 0.255815

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
0.257235 0.257735 0.255135 0.256835 -0.000400
Prev. Close Volume Bid Ask Time
0.257235 0.256820 0.256850 2018-08-21 21:20:22
Want to analyze New Taiwan Dollar/Hong Kong Dollar TWDHKD or another symbol? Try our Free Forex Trend Analysis Report.