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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Strong Downtrend (-100) - TWDSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDSGD continues to fall. Traders should use caution and set stops.

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
0.04858703 0.04863001 0.04851368 0.04853858 -0.00004800
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long-term trend has been DOWN since Jan 4th, 2022 at 0.04794544

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2021 at 0.04874998

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 0.04879683

Smart Scan Analysis for TWDSGD

Based on our trend formula, TWDSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04858703 0.04863001 0.04851368 0.04853858 -0.00004800
Prev. Close Volume Bid Ask Time
0.04858703 2022-01-21 17:06:28
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