Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

New Taiwan Dollar/British Pound (FOREX:TWDGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_TWDGBP
Open High Low TWDGBP Price Change
0.025698 0.025865 0.025630 0.025847 +0.000149
Entry Signal

MarketClub’s Trade Triangles for TWDGBP

long term up The long term trend has been UP since Jun 3rd, 2019 at 0.025177

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2019 at 0.025967

short term down The short term trend has been DOWN since Sep 18th, 2019 at 0.025854

Smart Scan Analysis for TWDGBP

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

-60
Smart Scan Analysis for TWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025698 0.025865 0.025630 0.025847 +0.000149
Prev. Close Volume Bid Ask Time
0.025698 0.025846 0.025848 2019-09-20 16:16:16
Want to analyze New Taiwan Dollar/British Pound TWDGBP or another symbol? Try our Free Forex Trend Analysis Report.