Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TWDSGD
Open High Low TWDSGD Price Change
0.043921 0.043978 0.043653 0.043664 -0.000257
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.043460

intermediate term up The intermediate term trend has been UP since Jun 21st, 2019 at 0.043830

short term up The short term trend has been UP since Jun 17th, 2019 at 0.043448

Smart Scan Analysis for TWDSGD

Based on a pre-defined weighted trend formula for chart analysis, TWDSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.043921 0.043978 0.043653 0.043664 -0.000257
Prev. Close Volume Bid Ask Time
0.043921 0.043658 0.043669 2019-06-24 10:03:00
Want to analyze New Taiwan Dollar/Singapore Dollar TWDSGD or another symbol? Try our Free Forex Trend Analysis Report.