Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for TWDHKD
The long term trend has been UP since Sep 12th, 2019 at 0.25436
The intermediate term trend has been UP since Aug 23rd, 2019 at 0.25282
The short term trend has been UP since Sep 12th, 2019 at 0.25219
Smart Scan Analysis for TWDHKD
Based on a pre-defined weighted trend formula for chart analysis, TWDHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).