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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Weak Uptrend (+65) - SGDTWD is showing signs of weakening momentum to the upside. Monitor SGDTWD as it may be in the beginning stages 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
23.774407 23.892420 23.774407 23.892420 +0.118013
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long-term trend has been UP since Mar 20th, 2024 at 23.760144

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 24.093167

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 23.870374

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.774407 23.892420 23.774407 23.892420 +0.118013
Prev. Close Volume Bid Ask Time
23.774407 2024-06-15 12:04:34
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