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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/South Korean Won (FOREX:SGDKRW)
Bear Market Rally (-75) - SGDKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDKRW as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SGDKRW
The long-term trend has been DOWN since May 4th, 2025 at 1063.9565
The intermediate-term trend has been DOWN since Apr 11th, 2025 at 1073.9740
The short-term trend has been UP since May 7th, 2025 at 1081.4914
Smart Scan Analysis for SGDKRW
Based on our trend formula, SGDKRW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1079.1542 | 1080.6409 | 1076.4625 | 1079.3011 | +0.1469 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1079.1542 | 2025-05-09 08:10:39 |