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Forex Trend Analysis Report

Prepared for you on Tuesday, July 25, 2017.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_TWDIDR
Open High Low TWDIDR Price Change
439.065 439.065 439.065 439.065 0.000
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long term trend has been UP since May 19th, 2017 at 444.055

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2017 at 439.105

short term down The short term trend has been DOWN since Jul 21st, 2017 at 438.075

Smart Scan Analysis for TWDIDR

Based on a pre-defined weighted trend formula for chart analysis, TWDIDR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
439.065 439.065 439.065 439.065 0.000
Prev. Close Volume Bid Ask Time
439.065 432.550 445.580 2017-07-25 08:38:41
Want to analyze New Taiwan Dollar/Indonesian Rupiah TWDIDR or another symbol? Try our Free Forex Trend Analysis Report.