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Forex Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

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.

Open High Low SGDTWD Price Change
22.0725 22.1825 22.0460 22.1555 +0.0830
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long term trend has been DOWN since Jan 12th, 2018 at 22.0285

intermediate term up The intermediate term trend has been UP since Mar 8th, 2018 at 22.3090

short term down The short term trend has been DOWN since Mar 16th, 2018 at 22.1805

Smart Scan Analysis for SGDTWD

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

Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.0725 22.1825 22.0460 22.1555 +0.0830
Prev. Close Volume Bid Ask Time
22.0725 22.1530 22.1580 2018-03-20 13:38:00
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.