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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)

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_TWDKRW
Open High Low TWDKRW Price Change
36.3490 36.4575 36.1885 36.2955 -0.0535
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long term trend has been UP since Jul 13th, 2018 at 36.9915

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2018 at 36.2255

short term down The short term trend has been DOWN since Jan 11th, 2019 at 36.1795

Smart Scan Analysis for TWDKRW

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

-70
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.3490 36.4575 36.1885 36.2955 -0.0535
Prev. Close Volume Bid Ask Time
36.3490 36.2530 36.3380 2019-01-15 22:54:21
Want to analyze New Taiwan Dollar/South Korean Won TWDKRW or another symbol? Try our Free Forex Trend Analysis Report.