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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

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_TWDINR
Open High Low TWDINR Price Change
2.35895 2.37645 2.35465 2.37285 +0.01390
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long term trend has been UP since Aug 14th, 2018 at 2.29585

intermediate term up The intermediate term trend has been UP since Aug 13th, 2018 at 2.26330

short term up The short term trend has been UP since Sep 24th, 2018 at 2.36385

Smart Scan Analysis for TWDINR

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

+100
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.35895 2.37645 2.35465 2.37285 +0.01390
Prev. Close Volume Bid Ask Time
2.35895 2.37250 2.37320 2018-09-24 15:29:09
Want to analyze New Taiwan Dollar/Indian Rupee TWDINR or another symbol? Try our Free Forex Trend Analysis Report.