Forex Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Feb 2nd, 2018 at 0.268560
The intermediate term trend has been UP since Feb 8th, 2018 at 0.275165
The short term trend has been DOWN since Feb 13th, 2018 at 0.275120
Smart Scan Analysis for TWDSEK
Based on a pre-defined weighted trend formula for chart analysis, TWDSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).