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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_CADTWD
Open High Low CADTWD Price Change
23.418 23.418 23.418 23.418 0.000
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term down The long term trend has been DOWN since Sep 12th, 2019 at 23.3515

intermediate term down The intermediate term trend has been DOWN since Aug 18th, 2019 at 23.5785

short term down The short term trend has been DOWN since Sep 12th, 2019 at 23.5300

Smart Scan Analysis for CADTWD

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

-90
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.418 23.418 23.418 23.418 0.000
Prev. Close Volume Bid Ask Time
23.418 22.732 24.104 2019-09-16 20:21:45
Want to analyze Canadian Dollar/New Taiwan Dollar CADTWD or another symbol? Try our Free Forex Trend Analysis Report.