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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Hong Kong Dollar/New Taiwan Dollar (FOREX:HKDTWD)

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.

FOREX_HKDTWD
Open High Low HKDTWD Price Change
3.92215 3.92215 3.92215 3.92215 0.00000
Entry Signal

MarketClub’s Trade Triangles for HKDTWD

long term up The long term trend has been UP since Apr 25th, 2018 at 3.76380

intermediate term up The intermediate term trend has been UP since Feb 18th, 2019 at 3.93325

short term down The short term trend has been DOWN since Feb 19th, 2019 at 3.91835

Smart Scan Analysis for HKDTWD

Based on a pre-defined weighted trend formula for chart analysis, HKDTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for HKDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.92215 3.92215 3.92215 3.92215 0.00000
Prev. Close Volume Bid Ask Time
3.92215 3.80980 4.03450 2019-02-20 20:58:30
Want to analyze Hong Kong Dollar/New Taiwan Dollar HKDTWD or another symbol? Try our Free Forex Trend Analysis Report.