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Forex Trend Analysis Report

Prepared for you on Tuesday, October 17, 2017.

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

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
37.471 37.495 37.469 37.469 -0.002
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term down The long term trend has been DOWN since Jul 24th, 2017 at 36.6735

intermediate term up The intermediate term trend has been UP since Sep 6th, 2017 at 37.8240

short term up The short term trend has been UP since Oct 17th, 2017 at 37.4860

Smart Scan Analysis for TWDKRW

Based on a pre-defined weighted trend formula for chart analysis, TWDKRW scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.471 37.495 37.469 37.469 -0.002
Prev. Close Volume Bid Ask Time
37.471 37.427 37.511 2017-10-17 01:49:44
Want to analyze New Taiwan Dollar/South Korean Won TWDKRW or another symbol? Try our Free Forex Trend Analysis Report.