Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Bull Market Weakness (+75) - TWDSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDSGD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for TWDSGD
The long-term trend has been UP since Feb 5th, 2021 at 0.04790941
The intermediate-term trend has been DOWN since Mar 18th, 2021 at 0.04724105
The short-term trend has been UP since Apr 19th, 2021 at 0.04715388
Smart Scan Analysis for TWDSGD
Based on our trend formula, TWDSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).