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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Singapore Dollar (FOREX:GBPSGD)
Sidelines Mode (+55) - GBPSGD 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 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.
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MarketClub’s Trade Triangles for GBPSGD
The long-term trend has been UP since Mar 5th, 2025 at 1.721600
The intermediate-term trend has been DOWN since May 4th, 2025 at 1.716385
The short-term trend has been UP since May 8th, 2025 at 1.728800
Smart Scan Analysis for GBPSGD
Based on our trend formula, GBPSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.72036 | 1.72064 | 1.71890 | 1.72044 | +0.00008 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.72036 | 2025-05-09 03:03:51 |