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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_TWDTHB
Open High Low TWDTHB Price Change
1.0600 1.0650 1.0537 1.0650 +0.0050
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 down The intermediate term trend has been DOWN since Nov 20th, 2018 at 1.06500

short term down The short term trend has been DOWN since Dec 10th, 2018 at 1.06175

Smart Scan Analysis for TWDTHB

Based on a pre-defined weighted trend formula for chart analysis, TWDTHB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0600 1.0650 1.0537 1.0650 +0.0050
Prev. Close Volume Bid Ask Time
1.0600 1.0640 1.0660 2018-12-14 23:41:14
Want to analyze New Taiwan Dollar/Thai Baht TWDTHB or another symbol? Try our Free Forex Trend Analysis Report.