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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Weak Downtrend (-65) - SGDKRW is showing signs of a strengthening downtrend. Monitor SGDKRW as it may be building momentum to the downside.

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

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

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

FOREX_SGDKRW
Open High Low SGDKRW Price Change
1062.7488 1064.7217 1060.1050 1062.3388 -0.4100
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long-term trend has been UP since Jan 16th, 2024 at 1001.5520

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1061.7464

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 1061.7464

Smart Scan Analysis for SGDKRW

Based on our trend formula, SGDKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1062.7488 1064.7217 1060.1050 1062.3388 -0.4100
Prev. Close Volume Bid Ask Time
1062.7488 2025-01-20 09:44:14
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