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Forex Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_TWDIDR
Open High Low TWDIDR Price Change
442.010 442.745 442.010 442.745 +0.735
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 up The intermediate term trend has been UP since May 19th, 2017 at 444.055

short term down The short term trend has been DOWN since May 23rd, 2017 at 440.575

Smart Scan Analysis for TWDIDR

Based on a pre-defined weighted trend formula for chart analysis, TWDIDR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
442.010 442.745 442.010 442.745 +0.735
Prev. Close Volume Bid Ask Time
442.010 442.450 443.040 2017-05-26 12:37:00
Want to analyze New Taiwan Dollar/Indonesian Rupiah TWDIDR or another symbol? Try our Free Forex Trend Analysis Report.