Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Long-Term Uptrend (+90) - TWDSGD is in a strong uptrend that is likely to continue. While TWDSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TWDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDSGD
The long-term trend has been UP since Dec 6th, 2023 at 0.04339820
The intermediate-term trend has been UP since Dec 6th, 2023 at 0.04299732
The short-term trend has been UP since Dec 6th, 2023 at 0.04274524
Smart Scan Analysis for TWDSGD
Based on our trend formula, TWDSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).