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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

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_TWDINR
Open High Low TWDINR Price Change
2.30795 2.31195 2.30405 2.30555 -0.00240
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term down The long term trend has been DOWN since Jan 4th, 2019 at 2.25625

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 2.29755

short term up The short term trend has been UP since Jan 8th, 2019 at 2.27045

Smart Scan Analysis for TWDINR

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

+60
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.30795 2.31195 2.30405 2.30555 -0.00240
Prev. Close Volume Bid Ask Time
2.30795 2.30360 2.30750 2019-01-22 17:55:40
Want to analyze New Taiwan Dollar/Indian Rupee TWDINR or another symbol? Try our Free Forex Trend Analysis Report.