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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_TWDIDR
Open High Low TWDIDR Price Change
462.21 462.21 462.21 462.21 0.00
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term down The long term trend has been DOWN since Nov 26th, 2018 at 468.675

intermediate term up The intermediate term trend has been UP since Mar 8th, 2019 at 460.015

short term up The short term trend has been UP since Mar 8th, 2019 at 459.125

Smart Scan Analysis for TWDIDR

Based on a pre-defined weighted trend formula for chart analysis, TWDIDR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
462.21 462.21 462.21 462.21 0.00
Prev. Close Volume Bid Ask Time
462.21 455.63 468.79 2019-03-20 09:46:34
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