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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

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_TWDSGD
Open High Low TWDSGD Price Change
0.045140 0.045165 0.045125 0.045160 +0.000020
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long term trend has been DOWN since Jun 15th, 2017 at 0.045530

intermediate term up The intermediate term trend has been UP since Oct 6th, 2017 at 0.044995

short term up The short term trend has been UP since Oct 13th, 2017 at 0.044985

Smart Scan Analysis for TWDSGD

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

+70
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045140 0.045165 0.045125 0.045160 +0.000020
Prev. Close Volume Bid Ask Time
0.045140 0.045160 0.045160 2017-10-19 01:31:51
Want to analyze New Taiwan Dollar/Singapore Dollar TWDSGD or another symbol? Try our Free Forex Trend Analysis Report.