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Forex Trend Analysis Report

Prepared for you on Saturday, January 28, 2023.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Strong Uptrend (+100) - SGDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
22.910094 23.070541 22.910094 23.070541 +0.160447
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long-term trend has been UP since Jul 29th, 2022 at 22.077692

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2022 at 23.048594

short term up The short-term trend has been UP since Jan 25th, 2023 at 23.042498

Smart Scan Analysis for SGDTWD

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

+100
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.910094 23.070541 22.910094 23.070541 +0.160447
Prev. Close Volume Bid Ask Time
22.910094 2023-01-28 05:41:46
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