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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 TWDSGD Price Change
0.045155 0.045230 0.044935 0.044940 -0.000215
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long term trend has been DOWN since Jun 15th, 2017 at 0.045530

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2017 at 0.044780

short term up The short term trend has been UP since Dec 7th, 2017 at 0.044985

Smart Scan Analysis for TWDSGD

Based on a pre-defined weighted trend formula for chart analysis, TWDSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045155 0.045230 0.044935 0.044940 -0.000215
Prev. Close Volume Bid Ask Time
0.045155 0.044920 0.044960 2017-12-11 17:38:28
Want to analyze New Taiwan Dollar/Singapore Dollar TWDSGD or another symbol? Try our Free Forex Trend Analysis Report.