Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Bull Market Weakness (+75) - KRWSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWSGD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for KRWSGD
The long-term trend has been UP since Nov 16th, 2023 at 0.00104471
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.00103273
The short-term trend has been UP since Nov 28th, 2023 at 0.00103474
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).