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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
468.625 469.030 465.295 468.195 -0.430
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 Apr 13th, 2018 at 469.370

short term down The short term trend has been DOWN since Apr 23rd, 2018 at 468.885

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
468.625 469.030 465.295 468.195 -0.430
Prev. Close Volume Bid Ask Time
468.625 461.830 474.560 2018-04-26 22:57:36
Want to analyze New Taiwan Dollar/Indonesian Rupiah TWDIDR or another symbol? Try our Free Forex Trend Analysis Report.