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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_TWDNZD
Open High Low TWDNZD Price Change
0.047174 0.047294 0.047174 0.047264 +0.000090
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long term trend has been DOWN since Nov 12th, 2018 at 0.047989

intermediate term down The intermediate term trend has been DOWN since Oct 21st, 2018 at 0.049014

short term down The short term trend has been DOWN since Oct 29th, 2018 at 0.049348

Smart Scan Analysis for TWDNZD

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

-90
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047174 0.047294 0.047174 0.047264 +0.000090
Prev. Close Volume Bid Ask Time
0.047174 0.047235 0.047293 2018-11-18 15:18:02
Want to analyze New Taiwan Dollar/New Zealand Dollar TWDNZD or another symbol? Try our Free Forex Trend Analysis Report.