Analyze Symbol
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.
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MarketClub’s Trade Triangles for USDTWD
The long term trend has been UP since May 2nd, 2018 at 29.74625
The intermediate term trend has been DOWN since Sep 9th, 2019 at 31.13150
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).
| 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 |