Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
New Taiwan Dollar/US Dollar (FOREX:TWDUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for TWDUSD
The long term trend has been UP since Jan 25th, 2017 at 0.032000
The intermediate term trend has been UP since Nov 15th, 2017 at 0.033205
The short term trend has been UP since Nov 7th, 2017 at 0.033175
Smart Scan Analysis for TWDUSD
Based on a pre-defined weighted trend formula for chart analysis, TWDUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).