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Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Weak Uptrend (+65) - SGDGBP is showing signs of weakening momentum to the upside. Monitor SGDGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SGDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDGBP
Open High Low SGDGBP Price Change
0.56462000 0.56827000 0.56269500 0.56637715 +0.00175700
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long-term trend has been UP since Mar 13th, 2020 at 0.572780

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 0.565755

short term down The short-term trend has been DOWN since Mar 25th, 2020 at 0.584645

Smart Scan Analysis for SGDGBP

Based on our trend formula, SGDGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56462000 0.56827000 0.56269500 0.56637715 +0.00175700
Prev. Close Volume Bid Ask Time
0.56462000 0.56489835 0.56785595 2020-04-03 23:30:29
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