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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 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.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
22.3515 22.3515 22.3515 22.3515 0.0000
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long term trend has been UP since Apr 16th, 2018 at 22.409

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 22.336

short term down The short term trend has been DOWN since Aug 13th, 2018 at 22.393

Smart Scan Analysis for SGDTWD

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

-70
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.3515 22.3515 22.3515 22.3515 0.0000
Prev. Close Volume Bid Ask Time
22.3515 22.3400 22.3630 2018-08-19 01:24:28
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.