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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_NZDTWD
Open High Low NZDTWD Price Change
19.825567 19.825567 19.825567 19.825567 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term up The long term trend has been UP since Dec 8th, 2019 at 20.019000

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2020 at 19.806632

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 20.142386

Smart Scan Analysis for NZDTWD

Based on a pre-defined weighted trend formula for chart analysis, NZDTWD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.825567 19.825567 19.825567 19.825567 0.000000
Prev. Close Volume Bid Ask Time
19.825567 19.230842 20.420292 2020-01-21 07:17:54
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