Forex Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
New Taiwan Dollar/Pakistani Rupee (FOREX:TWDPKR)
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 TWDPKR
The long term trend has been UP since Apr 1st, 2019 at 4.57020
The intermediate term trend has been UP since May 17th, 2019 at 4.59335
The short term trend has been UP since Jul 12th, 2019 at 5.09030
Smart Scan Analysis for TWDPKR
Based on a pre-defined weighted trend formula for chart analysis, TWDPKR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).