Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
New Taiwan Dollar/Singapore Dollar (FOREX:TWDSGD)
Countertrend Down (-85) - TWDSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for TWDSGD
The long-term trend has been DOWN since Oct 14th, 2021 at 0.04803898
The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.04821291
The short-term trend has been UP since Oct 12th, 2021 at 0.04836063
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).