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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Countertrend Up (+85) - TWDSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TWDSGD
The long-term trend has been UP since Nov 25th, 2024 at 0.04165657
The intermediate-term trend has been UP since Nov 25th, 2024 at 0.04159441
The short-term trend has been DOWN since Dec 25th, 2024 at 0.04138818
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04147347 | 0.04155599 | 0.04144813 | 0.04151749 | +0.00004400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04147347 | 2024-12-26 10:50:22 |