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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_USDTWD
Open High Low USDTWD Price Change
31.046 31.046 31.046 31.046 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 Jun 7th, 2019 at 30.95100

short term down The short term trend has been DOWN since Jul 18th, 2019 at 30.99400

Smart Scan Analysis for USDTWD

Based on a pre-defined weighted trend formula for chart analysis, USDTWD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.046 31.046 31.046 31.046 0.000
Prev. Close Volume Bid Ask Time
31.046 31.031 31.061 2019-07-20 12:36:33
Want to analyze US Dollar/New Taiwan Dollar USDTWD or another symbol? Try our Free Forex Trend Analysis Report.