Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Singapore Dollar/British Pound (FOREX:SGDGBP)
Sidelines Mode (-50) - SGDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SGDGBP can gain momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDGBP
The long-term trend has been UP since Aug 5th, 2024 at 0.592120
The intermediate-term trend has been DOWN since Dec 8th, 2024 at 0.584075
The short-term trend has been DOWN since Dec 24th, 2024 at 0.585415
Smart Scan Analysis for SGDGBP
Based on our trend formula, SGDGBP is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.587130 | 0.588350 | 0.586535 | 0.587365 | +0.000235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.587130 | 2024-12-26 20:06:48 |