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Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
21.7250 22.1095 21.6755 22.0045 +0.2795
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long term trend has been UP since Jun 15th, 2017 at 21.9540

intermediate term up The intermediate term trend has been UP since May 18th, 2017 at 21.7415

short term down The short term trend has been DOWN since Jun 28th, 2017 at 21.7225

Smart Scan Analysis for SGDTWD

Based on a pre-defined weighted trend formula for chart analysis, SGDTWD scored +75 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
21.7250 22.1095 21.6755 22.0045 +0.2795
Prev. Close Volume Bid Ask Time
21.7250 22.0020 22.0070 2017-06-28 23:48:04
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.