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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.

FOREX_TWDSGD
Open High Low TWDSGD Price Change
0.04731592 0.04751285 0.04711137 0.04730725 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term up The long-term trend has been UP since Aug 1st, 2019 at 0.04433700

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2020 at 0.04688385

short term down 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).

+65
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04731592 0.04751285 0.04711137 0.04730725 -0.00000900
Prev. Close Volume Bid Ask Time
0.04731592 0.04730483 0.04730967 2020-05-27 21:06:47
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