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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2019.

New Taiwan Dollar/British Pound (FOREX:TWDGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.025005 0.025032 0.024926 0.025001 -0.000004
Entry Signal

MarketClub’s Trade Triangles for TWDGBP

long term down The long term trend has been DOWN since Feb 26th, 2019 at 0.024573

intermediate term up The intermediate term trend has been UP since May 17th, 2019 at 0.025104

short term down The short term trend has been DOWN since May 26th, 2019 at 0.024993

Smart Scan Analysis for TWDGBP

Based on a pre-defined weighted trend formula for chart analysis, TWDGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025005 0.025032 0.024926 0.025001 -0.000004
Prev. Close Volume Bid Ask Time
0.025005 0.024992 0.025010 2019-05-26 17:52:30
Want to analyze New Taiwan Dollar/British Pound TWDGBP or another symbol? Try our Free Forex Trend Analysis Report.