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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

New Taiwan Dollar/South Korean Won (FOREX:TWDKRW)

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.

FOREX_TWDKRW
Open High Low TWDKRW Price Change
38.762474 38.762474 38.762474 38.762474 0.000000
Entry Signal

MarketClub’s Trade Triangles for TWDKRW

long term up The long term trend has been UP since Dec 3rd, 2019 at 39.124500

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 39.049002

short term up The short term trend has been UP since Jan 16th, 2020 at 38.773048

Smart Scan Analysis for TWDKRW

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

+90
Smart Scan Analysis for TWDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.762474 38.762474 38.762474 38.762474 0.000000
Prev. Close Volume Bid Ask Time
38.762474 38.695725 38.829223 2020-01-19 05:49:46
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