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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
0.047105 0.047105 0.046955 0.046955 -0.000150
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long term trend has been DOWN since Apr 13th, 2018 at 0.046155

intermediate term down The intermediate term trend has been DOWN since Apr 9th, 2018 at 0.046760

short term up The short term trend has been UP since Apr 17th, 2018 at 0.046460

Smart Scan Analysis for TWDNZD

Based on a pre-defined weighted trend formula for chart analysis, TWDNZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047105 0.047105 0.046955 0.046955 -0.000150
Prev. Close Volume Bid Ask Time
0.047105 0.046940 0.046970 2018-04-21 18:40:29
Want to analyze New Taiwan Dollar/New Zealand Dollar TWDNZD or another symbol? Try our Free Forex Trend Analysis Report.