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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Singapore Dollar (FOREX:GBPSGD)

Weak Uptrend (+65) - GBPSGD is showing signs of weakening momentum to the upside. Monitor 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
1.72765 1.72993 1.72503 1.72800 +0.00035
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term up The long-term trend has been UP since Jan 11th, 2024 at 1.700000

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 1.708500

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 1.740685

Smart Scan Analysis for GBPSGD

Based on our trend formula, GBPSGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72765 1.72993 1.72503 1.72800 +0.00035
Prev. Close Volume Bid Ask Time
1.72765 2024-07-26 20:25:01
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