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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Countertrend Down (-85) - SGDTWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
21.041316 21.074843 21.023164 21.025556 -0.015760
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long-term trend has been DOWN since Aug 1st, 2019 at 22.557000

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2020 at 21.328768

short term up The short-term trend has been UP since Mar 27th, 2020 at 21.108854

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.041316 21.074843 21.023164 21.025556 -0.015760
Prev. Close Volume Bid Ask Time
21.041316 21.021569 21.029543 2020-03-30 04:46:25
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