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Forex Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

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
21.413234 21.483500 21.336577 21.416382 +0.003148
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long-term trend has been DOWN since Jun 2nd, 2022 at 20.199225

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2022 at 21.085084

short term up The short-term trend has been UP since Jun 28th, 2022 at 21.454887

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
21.413234 21.483500 21.336577 21.416382 +0.003148
Prev. Close Volume Bid Ask Time
21.413234 2022-06-28 22:44:03
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