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.

Open	High	Low	SGDTWD Price	Change
21.413234	21.483500	21.336577	21.416382	+0.003148
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

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

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

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

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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