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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Long-Term Downtrend (-90) - SGDTWD is in a strong downtrend that is likely to continue. While SGDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
23.226678 23.308760 22.952215 23.268136 +0.041458
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long-term trend has been DOWN since May 1st, 2025 at 24.059451

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2025 at 24.204781

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 24.664584

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.226678 23.308760 22.952215 23.268136 +0.041458
Prev. Close Volume Bid Ask Time
23.226678 2025-05-09 07:22:15
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