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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Weak Downtrend (-65) - SGDTWD is showing signs of a strengthening downtrend. Monitor SGDTWD as it may be building momentum to the downside.

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
23.453440 23.496848 23.415893 23.448643 -0.004797
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long-term trend has been UP since Aug 3rd, 2023 at 23.731855

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2023 at 23.534393

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 23.511700

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.453440 23.496848 23.415893 23.448643 -0.004797
Prev. Close Volume Bid Ask Time
23.453440 2023-11-30 17:58:21
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