Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

New Taiwan Dollar/US Dollar (FOREX:TWDUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_TWDUSD
Open High Low TWDUSD Price Change
0.03338 0.03338 0.03338 0.03338 0.00000
Entry Signal

MarketClub’s Trade Triangles for TWDUSD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.033615

intermediate term down The intermediate term trend has been DOWN since Apr 6th, 2018 at 0.034120

short term up The short term trend has been UP since May 22nd, 2018 at 0.033460

Smart Scan Analysis for TWDUSD

Based on a pre-defined weighted trend formula for chart analysis, TWDUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03338 0.03338 0.03338 0.03338 0.00000
Prev. Close Volume Bid Ask Time
0.03338 0.03336 0.03340 2018-05-26 21:01:14
Want to analyze New Taiwan Dollar/US Dollar TWDUSD or another symbol? Try our Free Forex Trend Analysis Report.