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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Singapore Dollar (FOREX:GBPSGD)

Bull Market Weakness (+75) - GBPSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSGD as it may be in the beginning stages of a reversal.

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
1.854025 1.861255 1.852400 1.859700 +0.005675
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 1.844100

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 1.858900

short term up The short-term trend has been UP since Oct 26th, 2021 at 1.859815

Smart Scan Analysis for GBPSGD

Based on our trend formula, GBPSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.854025 1.861255 1.852400 1.859700 +0.005675
Prev. Close Volume Bid Ask Time
1.854025 2021-10-26 07:52:22
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