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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 TWDINR Price Change
2.33575 2.33575 2.32940 2.32940 -0.00635
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 down The intermediate term trend has been DOWN since Oct 21st, 2018 at 2.37240

short term down The short term trend has been DOWN since Nov 4th, 2018 at 2.37280

Smart Scan Analysis for TWDINR

Based on a pre-defined weighted trend formula for chart analysis, TWDINR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.33575 2.33575 2.32940 2.32940 -0.00635
Prev. Close Volume Bid Ask Time
2.33575 2.32910 2.32970 2018-11-17 19:57:30
Want to analyze New Taiwan Dollar/Indian Rupee TWDINR or another symbol? Try our Free Forex Trend Analysis Report.