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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

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
0.54196000 0.54229000 0.53875000 0.53954909 -0.00241100
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long-term trend has been UP since Sep 20th, 2021 at 0.54144799

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2021 at 0.53517580

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.54070000

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
0.54196000 0.54229000 0.53875000 0.53954909 -0.00241100
Prev. Close Volume Bid Ask Time
0.54196000 2021-10-15 22:28:40
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