Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)
Long-Term Uptrend (+90) - SGDTWD is in a strong uptrend that is likely to continue. While SGDTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDTWD
The long-term trend has been UP since Jan 4th, 2022 at 20.855713
The intermediate-term trend has been UP since Dec 30th, 2021 at 20.512408
The short-term trend has been UP since Jan 19th, 2022 at 20.493268
Smart Scan Analysis for SGDTWD
Based on our trend formula, SGDTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.633078 | 20.640759 | 20.605217 | 20.616724 | -0.016354 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.633078 | 2022-01-25 15:48:52 |