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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

Euro/New Taiwan Dollar (FOREX:EURTWD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low EURTWD Price Change
34.865 34.865 34.865 34.865 0.000
Entry Signal

MarketClub’s Trade Triangles for EURTWD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 35.090

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2019 at 35.112

short term up The short term trend has been UP since Mar 17th, 2019 at 34.951

Smart Scan Analysis for EURTWD

Based on a pre-defined weighted trend formula for chart analysis, EURTWD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.865 34.865 34.865 34.865 0.000
Prev. Close Volume Bid Ask Time
34.865 33.865 35.865 2019-03-24 21:34:02
Want to analyze Euro/New Taiwan Dollar EURTWD or another symbol? Try our Free Forex Trend Analysis Report.