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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

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

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_TWDZAR
Open High Low TWDZAR Price Change
0.461430 0.464225 0.459180 0.463755 +0.002325
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term up The long term trend has been UP since Mar 28th, 2019 at 0.475705

intermediate term up The intermediate term trend has been UP since May 29th, 2019 at 0.470680

short term down The short term trend has been DOWN since Jun 10th, 2019 at 0.472765

Smart Scan Analysis for TWDZAR

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

+65
Smart Scan Analysis for TWDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.461430 0.464225 0.459180 0.463755 +0.002325
Prev. Close Volume Bid Ask Time
0.461430 0.463640 0.463870 2019-06-19 10:47:01
Want to analyze New Taiwan Dollar/South African Rand TWDZAR or another symbol? Try our Free Forex Trend Analysis Report.