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Forex Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_TWDNZD
Open High Low TWDNZD Price Change
0.048807 0.048821 0.048411 0.048821 +0.000014
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term up The long term trend has been UP since Apr 27th, 2018 at 0.047875

intermediate term down The intermediate term trend has been DOWN since Sep 22nd, 2018 at 0.048474

short term down The short term trend has been DOWN since Sep 13th, 2018 at 0.049538

Smart Scan Analysis for TWDNZD

Based on a pre-defined weighted trend formula for chart analysis, TWDNZD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.048807 0.048821 0.048411 0.048821 +0.000014
Prev. Close Volume Bid Ask Time
0.048807 0.048803 0.048838 2018-09-22 18:22:15
Want to analyze New Taiwan Dollar/New Zealand Dollar TWDNZD or another symbol? Try our Free Forex Trend Analysis Report.