Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
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.
MarketClub’s Trade Triangles for SGDGBP
The long-term trend has been UP since Sep 20th, 2021 at 0.54144799
The intermediate-term trend has been DOWN since Dec 30th, 2021 at 0.54738000
The short-term trend has been UP since Jan 17th, 2022 at 0.54293000
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).