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Forex Trend Analysis Report

Prepared for you on Saturday, August 19, 2017.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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
22.2345 22.2345 22.2345 22.2345 0.0000
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 Aug 17th, 2017 at 22.1020

short term down The short term trend has been DOWN since Aug 16th, 2017 at 22.1805

Smart Scan Analysis for SGDTWD

Based on a pre-defined weighted trend formula for chart analysis, SGDTWD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.2345 22.2345 22.2345 22.2345 0.0000
Prev. Close Volume Bid Ask Time
22.2345 22.2220 22.2470 2017-08-19 14:35:11
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.