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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.

FOREX_TWDSGD
Open High Low TWDSGD Price Change
0.04268961 0.04271714 0.04260993 0.04266320 -0.00002600
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term up The long-term trend has been UP since Dec 6th, 2023 at 0.04339820

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2023 at 0.04299732

short term up 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).

+90
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04268961 0.04271714 0.04260993 0.04266320 -0.00002600
Prev. Close Volume Bid Ask Time
0.04268961 2023-12-08 03:39:06
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