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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)

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.

FOREX_TWDJPY
Open High Low TWDJPY Price Change
3.54915 3.54915 3.54915 3.54915 0.00000
Entry Signal

MarketClub’s Trade Triangles for TWDJPY

long term down The long term trend has been DOWN since Dec 24th, 2018 at 3.57625

intermediate term down The intermediate term trend has been DOWN since Dec 19th, 2018 at 3.63920

short term up The short term trend has been UP since Jan 15th, 2019 at 3.52505

Smart Scan Analysis for TWDJPY

Based on a pre-defined weighted trend formula for chart analysis, TWDJPY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TWDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.54915 3.54915 3.54915 3.54915 0.00000
Prev. Close Volume Bid Ask Time
3.54915 3.54900 3.54930 2019-01-19 19:19:09
Want to analyze New Taiwan Dollar/Japanese Yen TWDJPY or another symbol? Try our Free Forex Trend Analysis Report.