Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)
Strong Uptrend (+100) - SGDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SGDTWD
The long-term trend has been UP since Oct 14th, 2021 at 20.814797
The intermediate-term trend has been UP since Oct 8th, 2021 at 20.707599
The short-term trend has been UP since Oct 13th, 2021 at 20.774017
Smart Scan Analysis for SGDTWD
Based on our trend formula, SGDTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).