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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_TWDNZD
Open High Low TWDNZD Price Change
0.047524 0.047572 0.047474 0.047556 +0.000032
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long term trend has been DOWN since Jul 18th, 2019 at 0.047468

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2019 at 0.047878

short term down The short term trend has been DOWN since Jul 11th, 2019 at 0.048238

Smart Scan Analysis for TWDNZD

Based on a pre-defined weighted trend formula for chart analysis, TWDNZD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047524 0.047572 0.047474 0.047556 +0.000032
Prev. Close Volume Bid Ask Time
0.047524 0.047538 0.047574 2019-07-22 03:34:57
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