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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 TWDAUD Price Change
0.047263 0.047334 0.047239 0.047303 +0.000040
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term up The long term trend has been UP since Dec 21st, 2018 at 0.046002

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 0.046688

short term up The short term trend has been UP since Sep 12th, 2019 at 0.046853

Smart Scan Analysis for TWDAUD

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

Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047263 0.047334 0.047239 0.047303 +0.000040
Prev. Close Volume Bid Ask Time
0.047263 0.047301 0.047306 2019-09-18 07:17:20
Want to analyze New Taiwan Dollar/Australian Dollar TWDAUD or another symbol? Try our Free Forex Trend Analysis Report.