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Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_TWDSEK
Open High Low TWDSEK Price Change
0.293635 0.293985 0.293445 0.293885 +0.000250
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long term trend has been UP since Mar 28th, 2018 at 0.284410

intermediate term up The intermediate term trend has been UP since Dec 12th, 2018 at 0.296290

short term up The short term trend has been UP since Dec 12th, 2018 at 0.294025

Smart Scan Analysis for TWDSEK

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

+100
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.293635 0.293985 0.293445 0.293885 +0.000250
Prev. Close Volume Bid Ask Time
0.293635 0.293830 0.293940 2018-12-19 04:52:43
Want to analyze New Taiwan Dollar/Swedish Krona TWDSEK or another symbol? Try our Free Forex Trend Analysis Report.