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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_TWDSEK
Open High Low TWDSEK Price Change
0.31668644 0.31729266 0.31580522 0.31729266 +0.00060600
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 0.29672000

intermediate term up The intermediate term trend has been UP since Jan 5th, 2020 at 0.31424317

short term down The short term trend has been DOWN since Jan 14th, 2020 at 0.31664667

Smart Scan Analysis for TWDSEK

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

+85
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31668644 0.31729266 0.31580522 0.31729266 +0.00060600
Prev. Close Volume Bid Ask Time
0.31668644 0.31695668 0.31762863 2020-01-17 17:14:30
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