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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

South Korean Won/New Taiwan Dollar (FOREX:KRWTWD)

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_KRWTWD
Open High Low KRWTWD Price Change
2.589676 2.589676 2.589676 2.589676 0.000000
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long term trend has been DOWN since Jul 13th, 2018 at 2.70330

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2019 at 2.57705

short term up The short term trend has been UP since Oct 11th, 2019 at 2.58915

Smart Scan Analysis for KRWTWD

Based on a pre-defined weighted trend formula for chart analysis, KRWTWD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.589676 2.589676 2.589676 2.589676 0.000000
Prev. Close Volume Bid Ask Time
2.589676 2.513161 2.666192 2019-10-14 08:40:36
Want to analyze South Korean Won/New Taiwan Dollar KRWTWD or another symbol? Try our Free Forex Trend Analysis Report.