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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_TWDSEK
Open High Low TWDSEK Price Change
0.269345 0.270090 0.269140 0.270035 +0.000690
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term down The long term trend has been DOWN since Jun 19th, 2017 at 0.28655

intermediate term up The intermediate term trend has been UP since Sep 26th, 2017 at 0.26657

short term up The short term trend has been UP since Oct 13th, 2017 at 0.26877

Smart Scan Analysis for TWDSEK

Based on a pre-defined weighted trend formula for chart analysis, TWDSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.269345 0.270090 0.269140 0.270035 +0.000690
Prev. Close Volume Bid Ask Time
0.269345 0.269980 0.270090 2017-10-20 10:27:31
Want to analyze New Taiwan Dollar/Swedish Krona TWDSEK or another symbol? Try our Free Forex Trend Analysis Report.