Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Long-Term Downtrend (-90) - KRWSGD is in a strong downtrend that is likely to continue. While KRWSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Dec 20th, 2020 at 0.00120560
The short-term trend has been DOWN since Feb 16th, 2021 at 0.00119866
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).