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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

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_TWDSEK
Open High Low TWDSEK Price Change
0.286490 0.287035 0.286000 0.286780 +0.000290
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 down The intermediate term trend has been DOWN since Sep 7th, 2018 at 0.294250

short term down The short term trend has been DOWN since Sep 6th, 2018 at 0.294745

Smart Scan Analysis for TWDSEK

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

-60
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.286490 0.287035 0.286000 0.286780 +0.000290
Prev. Close Volume Bid Ask Time
0.286490 0.286750 0.286810 2018-09-24 09:58:22
Want to analyze New Taiwan Dollar/Swedish Krona TWDSEK or another symbol? Try our Free Forex Trend Analysis Report.