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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Strong Downtrend (-100) - TWDSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDSGD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDSGD
The long-term trend has been DOWN since Mar 20th, 2024 at 0.04208795
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 0.04230615
The short-term trend has been DOWN since May 3rd, 2024 at 0.04172484
Smart Scan Analysis for TWDSGD
Based on our trend formula, TWDSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04179828 | 0.04185034 | 0.04174355 | 0.04176444 | -0.00003400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04179828 | 2024-05-09 11:28:37 |