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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Sidelines Mode (+55) - TWDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.04364214 0.04366521 0.04360707 0.04363241 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term up The long-term trend has been UP since Mar 10th, 2023 at 0.04477438

intermediate term up The intermediate-term trend has been UP since Mar 10th, 2023 at 0.04435270

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.04370591

Smart Scan Analysis for TWDSGD

Based on our trend formula, TWDSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04364214 0.04366521 0.04360707 0.04363241 -0.00001000
Prev. Close Volume Bid Ask Time
0.04364214 2023-03-29 01:57:22
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