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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Sidelines Mode (-55) - SGDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.581270 0.581765 0.580090 0.580595 -0.000675
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term down The long-term trend has been DOWN since Mar 10th, 2025 at 0.58087500

intermediate term up The intermediate-term trend has been UP since May 5th, 2025 at 0.58323500

short term down The short-term trend has been DOWN since May 7th, 2025 at 0.57885844

Smart Scan Analysis for SGDGBP

Based on our trend formula, SGDGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.581270 0.581765 0.580090 0.580595 -0.000675
Prev. Close Volume Bid Ask Time
0.581270 2025-05-09 08:26:43
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