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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

British Pound/Singapore Dollar (FOREX:GBPSGD)

Long-Term Uptrend (+90) - GBPSGD is in a strong uptrend that is likely to continue. While GBPSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GBPSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPSGD
Open High Low GBPSGD Price Change
1.866695 1.870525 1.861180 1.864135 -0.002560
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term up The long-term trend has been UP since Jul 30th, 2020 at 1.78820

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 1.80323

short term up The short-term trend has been UP since Feb 10th, 2021 at 1.83370

Smart Scan Analysis for GBPSGD

Based on our trend formula, GBPSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.866695 1.870525 1.861180 1.864135 -0.002560
Prev. Close Volume Bid Ask Time
1.866695 2021-02-25 11:50:13
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