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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_AUDTWD
Open High Low AUDTWD Price Change
21.5115 21.5115 21.5115 21.5115 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long term trend has been DOWN since Dec 24th, 2018 at 21.7445

intermediate term down The intermediate term trend has been DOWN since Jun 16th, 2019 at 21.7705

short term down The short term trend has been DOWN since Jun 6th, 2019 at 21.8140

Smart Scan Analysis for AUDTWD

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

-100
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.5115 21.5115 21.5115 21.5115 0.0000
Prev. Close Volume Bid Ask Time
21.5115 20.8990 22.1240 2019-06-19 21:10:22
Want to analyze Australian Dollar/New Taiwan Dollar AUDTWD or another symbol? Try our Free Forex Trend Analysis Report.