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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

New Taiwan Dollar/Norwegian Krone (FOREX:TWDNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_TWDNOK
Open High Low TWDNOK Price Change
0.27780 0.27870 0.27770 0.27825 +0.00045
Entry Signal

MarketClub’s Trade Triangles for TWDNOK

long term up The long term trend has been UP since Nov 20th, 2018 at 0.27620

intermediate term up The intermediate term trend has been UP since Oct 24th, 2018 at 0.26830

short term up The short term trend has been UP since Dec 11th, 2018 at 0.27765

Smart Scan Analysis for TWDNOK

Based on a pre-defined weighted trend formula for chart analysis, TWDNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for TWDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27780 0.27870 0.27770 0.27825 +0.00045
Prev. Close Volume Bid Ask Time
0.27780 0.27800 0.27850 2018-12-12 13:00:25
Want to analyze New Taiwan Dollar/Norwegian Krone TWDNOK or another symbol? Try our Free Forex Trend Analysis Report.