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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.

FOREX_SGDTWD
Open High Low SGDTWD Price Change
20.633078 20.640759 20.605217 20.616724 -0.016354
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long-term trend has been UP since Jan 4th, 2022 at 20.855713

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 20.512408

short term up 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).

+90
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways 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
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