Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

British Pound/New Taiwan Dollar (FOREX:GBPTWD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

Open High Low GBPTWD Price Change
39.7825 39.8725 39.7515 39.8695 +0.0870
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 39.1655

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 39.6155

short term up The short term trend has been UP since Feb 18th, 2019 at 39.8305

Smart Scan Analysis for GBPTWD

Based on a pre-defined weighted trend formula for chart analysis, GBPTWD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.7825 39.8725 39.7515 39.8695 +0.0870
Prev. Close Volume Bid Ask Time
39.7825 39.8630 39.8760 2019-02-18 07:50:49
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