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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_TWDTHB
Open High Low TWDTHB Price Change
0.9953650 0.9953650 0.9896620 0.9908824 -0.0044830
Entry Signal

MarketClub’s Trade Triangles for TWDTHB

long term up The long term trend has been UP since Oct 17th, 2019 at 0.9978750

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 0.9883550

short term down The short term trend has been DOWN since Nov 12th, 2019 at 0.9961151

Smart Scan Analysis for TWDTHB

Based on a pre-defined weighted trend formula for chart analysis, TWDTHB scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9953650 0.9953650 0.9896620 0.9908824 -0.0044830
Prev. Close Volume Bid Ask Time
0.9953650 0.9898405 0.9919242 2019-11-13 17:13:56
Want to analyze New Taiwan Dollar/Thai Baht TWDTHB or another symbol? Try our Free Forex Trend Analysis Report.