Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SGDTWD Price Change
22.828 22.863 22.757 22.785 -0.043
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term down The long term trend has been DOWN since May 5th, 2019 at 22.5905

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 22.8080

short term down The short term trend has been DOWN since May 23rd, 2019 at 22.7765

Smart Scan Analysis for SGDTWD

Based on a pre-defined weighted trend formula for chart analysis, SGDTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.828 22.863 22.757 22.785 -0.043
Prev. Close Volume Bid Ask Time
22.828 22.782 22.788 2019-05-23 20:49:02
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.