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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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
976.7801 979.3560 974.7271 978.5115 +1.7314
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term down The long-term trend has been DOWN since Dec 19th, 2022 at 953.8430

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 962.4477

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 970.7901

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
976.7801 979.3560 974.7271 978.5115 +1.7314
Prev. Close Volume Bid Ask Time
976.7801 2023-03-28 23:51:11
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