Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

/New Taiwan Dollar (FOREX:CNHTWD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CNHTWD
Open High Low CNHTWD Price Change
4.585 4.585 4.585 4.585 0.000
Entry Signal

MarketClub’s Trade Triangles for CNHTWD

long term up The long term trend has been UP since Jan 7th, 2019 at 4.48590

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 4.60625

short term down The short term trend has been DOWN since Mar 18th, 2019 at 4.59550

Smart Scan Analysis for CNHTWD

Based on a pre-defined weighted trend formula for chart analysis, CNHTWD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNHTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.585 4.585 4.585 4.585 0.000
Prev. Close Volume Bid Ask Time
4.585 4.580 4.590 2019-03-18 15:38:24
Want to analyze /New Taiwan Dollar CNHTWD or another symbol? Try our Free Forex Trend Analysis Report.