Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_TWDTHB
Open High Low TWDTHB Price Change
1.0139793 1.0174741 1.0123082 1.0133281 -0.0006510
Entry Signal

MarketClub’s Trade Triangles for TWDTHB

long term up The long term trend has been UP since Oct 17th, 2019 at 0.9978750

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2020 at 1.0072542

short term down The short term trend has been DOWN since Jan 20th, 2020 at 1.0108809

Smart Scan Analysis for TWDTHB

Based on a pre-defined weighted trend formula for chart analysis, TWDTHB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0139793 1.0174741 1.0123082 1.0133281 -0.0006510
Prev. Close Volume Bid Ask Time
1.0139793 1.0122781 1.0143780 2020-01-21 09:34:43
Get a free daily report for New Taiwan Dollar/Thai Baht (TWDTHB) - Free Trend Analysis Report.