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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_TWDSEK
Open High Low TWDSEK Price Change
0.306390 0.308695 0.306055 0.308665 +0.002275
Entry Signal

MarketClub’s Trade Triangles for TWDSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 0.296720

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2019 at 0.301650

short term down The short term trend has been DOWN since Aug 21st, 2019 at 0.307915

Smart Scan Analysis for TWDSEK

Based on a pre-defined weighted trend formula for chart analysis, TWDSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.306390 0.308695 0.306055 0.308665 +0.002275
Prev. Close Volume Bid Ask Time
0.306390 0.308640 0.308690 2019-08-22 11:44:23
Want to analyze New Taiwan Dollar/Swedish Krona TWDSEK or another symbol? Try our Free Forex Trend Analysis Report.