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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_USDTWD
Open High Low USDTWD Price Change
31.001 31.001 31.001 31.001 0.000
Entry Signal

MarketClub’s Trade Triangles for USDTWD

long term up The long term trend has been UP since May 2nd, 2018 at 29.74625

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 31.13150

short term up The short term trend has been UP since Sep 17th, 2019 at 31.01600

Smart Scan Analysis for USDTWD

Based on a pre-defined weighted trend formula for chart analysis, USDTWD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.001 31.001 31.001 31.001 0.000
Prev. Close Volume Bid Ask Time
31.001 31.000 31.002 2019-09-21 04:16:16
Want to analyze US Dollar/New Taiwan Dollar USDTWD or another symbol? Try our Free Forex Trend Analysis Report.