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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Countertrend Down (-85) - TWDSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid TWDSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDSGD
Open High Low TWDSGD Price Change
0.04802183 0.04815763 0.04797919 0.04810840 +0.00008700
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long-term trend has been DOWN since Oct 14th, 2021 at 0.04803898

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.04821291

short term up The short-term trend has been UP since Oct 12th, 2021 at 0.04836063

Smart Scan Analysis for TWDSGD

Based on our trend formula, TWDSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04802183 0.04815763 0.04797919 0.04810840 +0.00008700
Prev. Close Volume Bid Ask Time
0.04802183 2021-10-15 17:01:30
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