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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_TWDCAD
Open High Low TWDCAD Price Change
0.042768 0.042812 0.042707 0.042791 +0.000023
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term up The long term trend has been UP since Sep 13th, 2019 at 0.043022

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 0.042873

short term up The short term trend has been UP since Sep 12th, 2019 at 0.042417

Smart Scan Analysis for TWDCAD

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

+100
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.042768 0.042812 0.042707 0.042791 +0.000023
Prev. Close Volume Bid Ask Time
0.042768 0.042787 0.042795 2019-09-17 07:18:32
Want to analyze New Taiwan Dollar/Canadian Dollar TWDCAD or another symbol? Try our Free Forex Trend Analysis Report.