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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Bear Market Rally (-75) - SGDTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDTWD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SGDTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
21.050278 21.127972 20.971670 20.978051 -0.072227
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 20.878684

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2021 at 21.161118

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 21.059388

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a -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
21.050278 21.127972 20.971670 20.978051 -0.072227
Prev. Close Volume Bid Ask Time
21.050278 2021-02-26 09:54:00
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