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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
37.048 37.059 37.036 37.048 0.000
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 up The intermediate term trend has been UP since Jun 15th, 2018 at 36.4945

short term up The short term trend has been UP since Jul 10th, 2018 at 36.7680

Smart Scan Analysis for TWDKRW

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

+100
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.048 37.059 37.036 37.048 0.000
Prev. Close Volume Bid Ask Time
37.048 37.006 37.090 2018-07-16 04:43:13
Want to analyze New Taiwan Dollar/South Korean Won TWDKRW or another symbol? Try our Free Forex Trend Analysis Report.