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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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_TWDNZD
Open High Low TWDNZD Price Change
0.046760 0.046775 0.046710 0.046710 -0.000050
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term up The long term trend has been UP since Oct 8th, 2017 at 0.046525

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2017 at 0.047955

short term up The short term trend has been UP since Jan 17th, 2018 at 0.046675

Smart Scan Analysis for TWDNZD

Based on a pre-defined weighted trend formula for chart analysis, TWDNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.046760 0.046775 0.046710 0.046710 -0.000050
Prev. Close Volume Bid Ask Time
0.046760 0.046700 0.046720 2018-01-23 02:42:40
Want to analyze New Taiwan Dollar/New Zealand Dollar TWDNZD or another symbol? Try our Free Forex Trend Analysis Report.