Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_TWDTHB
Open High Low TWDTHB Price Change
1.05705 1.05975 1.05570 1.05630 -0.00075
Entry Signal

MarketClub’s Trade Triangles for TWDTHB

long term down The long term trend has been DOWN since Sep 19th, 2018 at 1.05340

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 1.06645

short term down The short term trend has been DOWN since Oct 10th, 2018 at 1.06300

Smart Scan Analysis for TWDTHB

Based on a pre-defined weighted trend formula for chart analysis, TWDTHB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.05705 1.05975 1.05570 1.05630 -0.00075
Prev. Close Volume Bid Ask Time
1.05705 1.05560 1.05700 2018-10-16 12:35:53
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