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Forex Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Countertrend Down (-85) - SGDTWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SGDTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
20.719957 20.719957 20.719957 20.719957 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 20.878684

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2021 at 21.109378

short term up The short-term trend has been UP since Jun 17th, 2021 at 20.939932

Smart Scan Analysis for SGDTWD

Based on our trend formula, SGDTWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.719957 20.719957 20.719957 20.719957 0.000000
Prev. Close Volume Bid Ask Time
20.719957 2021-06-19 02:49:39
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