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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 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.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
23.0430 23.0475 22.8935 22.9005 -0.1425
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long term trend has been UP since Jun 3rd, 2019 at 23.006

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 22.808

short term down The short term trend has been DOWN since Jun 17th, 2019 at 23.019

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).

+55
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.0430 23.0475 22.8935 22.9005 -0.1425
Prev. Close Volume Bid Ask Time
23.043 22.8970 22.9040 2019-06-19 23:33:18
Want to analyze Singapore Dollar/New Taiwan Dollar SGDTWD or another symbol? Try our Free Forex Trend Analysis Report.