Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
New Taiwan Dollar/Pakistani Rupee (FOREX:TWDPKR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for TWDPKR
The long term trend has been UP since Apr 1st, 2019 at 4.5702000
The intermediate term trend has been UP since Dec 12th, 2019 at 5.0964391
The short term trend has been UP since Jan 14th, 2020 at 5.1671530
Smart Scan Analysis for TWDPKR
Based on a pre-defined weighted trend formula for chart analysis, TWDPKR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).