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Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
22.2670 22.3015 22.2670 22.2845 +0.0175
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 down The intermediate term trend has been DOWN since Oct 6th, 2017 at 22.2295

short term up The short term trend has been UP since Oct 22nd, 2017 at 22.2945

Smart Scan Analysis for SGDTWD

Based on a pre-defined weighted trend formula for chart analysis, SGDTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.2670 22.3015 22.2670 22.2845 +0.0175
Prev. Close Volume Bid Ask Time
22.2670 22.2720 22.2970 2017-10-22 22:02:48
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