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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_TWDCHF
Open High Low TWDCHF Price Change
0.032975 0.033002 0.032881 0.032893 -0.000082
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long term trend has been DOWN since Jan 8th, 2019 at 0.031781

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 0.032516

short term up The short term trend has been UP since Apr 11th, 2019 at 0.032511

Smart Scan Analysis for TWDCHF

Based on a pre-defined weighted trend formula for chart analysis, TWDCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032975 0.033002 0.032881 0.032893 -0.000082
Prev. Close Volume Bid Ask Time
0.032975 0.032890 0.032897 2019-04-24 17:55:53
Want to analyze New Taiwan Dollar/Swiss Franc TWDCHF or another symbol? Try our Free Forex Trend Analysis Report.