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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_CADTWD
Open High Low CADTWD Price Change
23.8205 23.8205 23.8205 23.8205 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term up The long term trend has been UP since Feb 3rd, 2019 at 23.4910

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 23.0720

short term up The short term trend has been UP since Jul 21st, 2019 at 23.8145

Smart Scan Analysis for CADTWD

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

+100
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.8205 23.8205 23.8205 23.8205 0.0000
Prev. Close Volume Bid Ask Time
23.8205 23.1380 24.5030 2019-07-21 20:00:24
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.