Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for CHFTWD
The long term trend has been UP since Jan 2nd, 2019 at 31.2440
The intermediate term trend has been DOWN since Jan 30th, 2019 at 30.9640
The short term trend has been UP since Feb 18th, 2019 at 30.6395
Smart Scan Analysis for CHFTWD
Based on a pre-defined weighted trend formula for chart analysis, CHFTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).