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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.

FOREX_KRWSGD
Open High Low KRWSGD Price Change
0.00118446 0.00118555 0.00117727 0.00118391 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 0.00118700

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2020 at 0.00120560

short term down 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).

-90
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00118446 0.00118555 0.00117727 0.00118391 -0.00000100
Prev. Close Volume Bid Ask Time
0.00118446 2021-02-26 17:12:08
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