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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

New Taiwan Dollar/US Dollar (FOREX:TWDUSD)

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.

FOREX_TWDUSD
Open High Low TWDUSD Price Change
0.033180 0.033215 0.033160 0.033165 -0.000015
Entry Signal

MarketClub’s Trade Triangles for TWDUSD

long term up The long term trend has been UP since Jan 25th, 2017 at 0.032000

intermediate term up The intermediate term trend has been UP since Jul 20th, 2017 at 0.033075

short term down The short term trend has been DOWN since Sep 13th, 2017 at 0.033265

Smart Scan Analysis for TWDUSD

Based on a pre-defined weighted trend formula for chart analysis, TWDUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.033180 0.033215 0.033160 0.033165 -0.000015
Prev. Close Volume Bid Ask Time
0.033180 0.033150 0.033180 2017-09-20 07:07:00
Want to analyze New Taiwan Dollar/US Dollar TWDUSD or another symbol? Try our Free Forex Trend Analysis Report.