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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Crossroads (+60) - TWDSGD is struggling to move into a solid trend. Beware of choppy markets 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
0.04115449 0.04137605 0.04111629 0.04118831 +0.00003400
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.04208795

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2024 at 0.04099556

short term up The short-term trend has been UP since Oct 7th, 2024 at 0.04057755

Smart Scan Analysis for TWDSGD

Based on our trend formula, TWDSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04115449 0.04137605 0.04111629 0.04118831 +0.00003400
Prev. Close Volume Bid Ask Time
0.04115449 2024-10-25 17:06:35
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