Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

New Taiwan Dollar/Swedish Krona (FOREX:TWDSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_TWDSEK
Open High Low TWDSEK Price Change
0.306975 0.307120 0.306550 0.306625 -0.000350
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 May 20th, 2019 at 0.306880

short term down The short term trend has been DOWN since May 13th, 2019 at 0.310105

Smart Scan Analysis for TWDSEK

Based on a pre-defined weighted trend formula for chart analysis, TWDSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TWDSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.306975 0.307120 0.306550 0.306625 -0.000350
Prev. Close Volume Bid Ask Time
0.306975 0.306570 0.306680 2019-05-22 06:57:47
Want to analyze New Taiwan Dollar/Swedish Krona TWDSEK or another symbol? Try our Free Forex Trend Analysis Report.