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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
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.
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MarketClub’s Trade Triangles for SGDTWD
The long-term trend has been DOWN since May 1st, 2025 at 24.059451
The intermediate-term trend has been UP since May 26th, 2025 at 23.684887
The short-term trend has been DOWN since May 28th, 2025 at 23.171048
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.146884 | 23.263943 | 23.125668 | 23.154787 | +0.007903 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.146884 | 2025-05-30 20:32:37 |