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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.

FOREX_TWDSGD
Open High Low TWDSGD Price Change
0.04774945 0.04789500 0.04773788 0.04777145 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term up The long-term trend has been UP since Feb 5th, 2021 at 0.04790941

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2021 at 0.04724105

short term up 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).

+75
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04774945 0.04789500 0.04773788 0.04777145 +0.00002200
Prev. Close Volume Bid Ask Time
0.04774945 2021-05-06 15:46:21
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