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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)
Bull Market Weakness (+75) - SGDTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDTWD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SGDTWD
The long-term trend has been UP since Mar 20th, 2024 at 23.760144
The intermediate-term trend has been UP since Jun 9th, 2024 at 24.093167
The short-term trend has been DOWN since Jul 25th, 2024 at 24.333507
Smart Scan Analysis for SGDTWD
Based on our trend formula, SGDTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.426699 | 24.458988 | 24.402158 | 24.427513 | +0.000814 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.426699 | 2024-07-26 19:57:52 |