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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low TWDIDR Price Change
453.535 455.840 453.535 455.840 +2.305
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long term trend has been UP since Jan 11th, 2018 at 458.390

intermediate term down The intermediate term trend has been DOWN since Jan 12th, 2018 at 451.520

short term up The short term trend has been UP since Jan 17th, 2018 at 451.255

Smart Scan Analysis for TWDIDR

Based on a pre-defined weighted trend formula for chart analysis, TWDIDR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
453.535 455.840 453.535 455.840 +2.305
Prev. Close Volume Bid Ask Time
453.535 449.430 462.250 2018-01-22 16:46:20
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