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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NZDTWD
Open High Low NZDTWD Price Change
20.478 20.478 20.478 20.478 0.000
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term down The long term trend has been DOWN since May 12th, 2019 at 20.546

intermediate term down The intermediate term trend has been DOWN since Jun 16th, 2019 at 20.595

short term down The short term trend has been DOWN since Jun 12th, 2019 at 20.670

Smart Scan Analysis for NZDTWD

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

-100
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.478 20.478 20.478 20.478 0.000
Prev. Close Volume Bid Ask Time
20.428 19.895 21.061 2019-06-19 21:10:22
Want to analyze New Zealand Dollar/New Taiwan Dollar NZDTWD or another symbol? Try our Free Forex Trend Analysis Report.