Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Countertrend Down (-85) - KRWSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 23rd, 2021 at 0.00118700
The intermediate-term trend has been DOWN since Jul 27th, 2021 at 0.00117533
The short-term trend has been UP since Oct 13th, 2021 at 0.00113506
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).