Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Weak Uptrend (+65) - TWDSGD is showing signs of weakening momentum to the upside. Monitor TWDSGD as it may be in the beginning stages of a reversal.
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 Aug 1st, 2019 at 0.04433700
The intermediate-term trend has been UP since Mar 13th, 2020 at 0.04688385
The short-term trend has been DOWN since May 27th, 2020 at 0.04720030
Smart Scan Analysis for TWDSGD
Based on our trend formula, TWDSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).