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.

Open	High	Low	TWDSGD Price	Change
0.04258798	0.04265941	0.04245620	0.04253527	-0.00005300
Entry Signal

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).

-80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04258798	0.04265941	0.04245620	0.04253527	-0.00005300
Prev. Close	Volume	Bid	Ask	Time
0.04258798				2023-12-04 15:54:52

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