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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South Korean Won/Singapore Dollar (FOREX:KRWSGD)

Bear Market Rally (-75) - KRWSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWSGD as it may be in the beginning 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.

FOREX_KRWSGD
Open High Low KRWSGD Price Change
0.00096299 0.00096396 0.00096092 0.00096100 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term down The long-term trend has been DOWN since Jan 16th, 2024 at 0.00099793

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 0.00094472

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.00095582

Smart Scan Analysis for KRWSGD

Based on our trend formula, KRWSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00096299 0.00096396 0.00096092 0.00096100 -0.00000200
Prev. Close Volume Bid Ask Time
0.00096299 2024-11-20 03:33:59
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