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Forex Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Sidelines Mode (-55) - KRWSGD 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 KRWSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWSGD
The long-term trend has been DOWN since Jan 16th, 2024 at 0.00099793
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.00100373
The short-term trend has been UP since May 2nd, 2024 at 0.00099010
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00099534 | 0.00099760 | 0.00099429 | 0.00099640 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00099534 | 2024-05-07 17:13:18 |