Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2017.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
21.6850 21.8030 21.6850 21.7275 +0.0425
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long term trend has been DOWN since Jul 28th, 2016 at 23.5070

intermediate term down The intermediate term trend has been DOWN since Jul 11th, 2016 at 23.7755

short term up The short term trend has been UP since Mar 29th, 2017 at 21.7365

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).

-75
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.6850 21.8030 21.6850 21.7275 +0.0425
Prev. Close Volume Bid Ask Time
21.6850 21.7250 21.7300 2017-03-29 20:37:59
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