Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Bear Market Rally (-75) - TWDSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDSGD as it may be in the beginning 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 DOWN since Aug 1st, 2023 at 0.04218390
The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 0.04187793
The short-term trend has been DOWN since Nov 29th, 2023 at 0.04229908
Smart Scan Analysis for TWDSGD
Based on our trend formula, TWDSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).