Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
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 Mar 18th, 2020 at 0.00113760
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.00115330
The short-term trend has been UP since May 26th, 2020 at 0.00115052
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).