Forex Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
New Taiwan Dollar/Icelandic Krona (FOREX:TWDISK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 TWDISK
The long term trend has been UP since Apr 1st, 2019 at 3.98435
The intermediate term trend has been UP since Mar 26th, 2019 at 3.94375
The short term trend has been UP since Jun 12th, 2019 at 3.96385
Smart Scan Analysis for TWDISK
Based on a pre-defined weighted trend formula for chart analysis, TWDISK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).