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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_TWDIDR
Open High Low TWDIDR Price Change
481.93 483.15 481.93 482.36 +0.43
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long term trend has been UP since Aug 8th, 2018 at 475.550

intermediate term up The intermediate term trend has been UP since Jun 25th, 2018 at 467.440

short term up The short term trend has been UP since Sep 17th, 2018 at 481.825

Smart Scan Analysis for TWDIDR

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

+100
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
481.93 483.15 481.93 482.36 +0.43
Prev. Close Volume Bid Ask Time
481.93 482.22 482.50 2018-09-19 21:11:15
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