Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for TWDSEK
The long term trend has been UP since Mar 28th, 2018 at 0.284410
The intermediate term trend has been UP since Feb 8th, 2018 at 0.275165
The short term trend has been UP since Apr 22nd, 2018 at 0.286940
Smart Scan Analysis for TWDSEK
Based on a pre-defined weighted trend formula for chart analysis, TWDSEK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).