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Forex Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)

Sidelines Mode (-55) - TWDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.04133830 0.04152896 0.04118855 0.04136708 +0.00002900
Entry Signal

MarketClub’s Trade Triangles for TWDSGD

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 0.03979770

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.04084695

short term up The short-term trend has been UP since Nov 24th, 2024 at 0.04152773

Smart Scan Analysis for TWDSGD

Based on our trend formula, TWDSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TWDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04133830 0.04152896 0.04118855 0.04136708 +0.00002900
Prev. Close Volume Bid Ask Time
0.04133830 2024-11-24 22:31:47
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