Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Crossroads (-60) - KRWSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 20th, 2022 at 0.00104939
The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 0.00106200
The short-term trend has been DOWN since Mar 15th, 2023 at 0.00102121
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).