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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

New Taiwan Dollar/South African Rand (FOREX:TWDZAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_TWDZAR
Open High Low TWDZAR Price Change
0.476255 0.478195 0.474965 0.477305 +0.001050
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term up The long term trend has been UP since Aug 9th, 2019 at 0.485030

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2019 at 0.477885

short term up The short term trend has been UP since Sep 13th, 2019 at 0.474925

Smart Scan Analysis for TWDZAR

Based on a pre-defined weighted trend formula for chart analysis, TWDZAR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for TWDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.476255 0.478195 0.474965 0.477305 +0.001050
Prev. Close Volume Bid Ask Time
0.476255 0.477150 0.477460 2019-09-20 05:38:24
Want to analyze New Taiwan Dollar/South African Rand TWDZAR or another symbol? Try our Free Forex Trend Analysis Report.