Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

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

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.

FOREX_KRWTWD
Open High Low KRWTWD Price Change
2.7322 2.7322 2.7322 2.7322 0.0000
Entry Signal

MarketClub’s Trade Triangles for KRWTWD

long term down The long term trend has been DOWN since Jul 13th, 2018 at 2.7033

intermediate term up The intermediate term trend has been UP since Jan 31st, 2019 at 2.7664

short term down The short term trend has been DOWN since Feb 14th, 2019 at 2.7329

Smart Scan Analysis for KRWTWD

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

-75
Smart Scan Analysis for KRWTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7322 2.7322 2.7322 2.7322 0.0000
Prev. Close Volume Bid Ask Time
2.7322 2.6536 2.8108 2019-02-17 12:29:11
Want to analyze South Korean Won/New Taiwan Dollar KRWTWD or another symbol? Try our Free Forex Trend Analysis Report.