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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

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

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

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

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

FOREX_SGDUSD
Open High Low SGDUSD Price Change
0.7013000 0.7025433 0.7008000 0.7021000 +0.0008000
Entry Signal

MarketClub’s Trade Triangles for SGDUSD

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.7303000

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2020 at 0.7088681

short term down The short-term trend has been DOWN since May 22nd, 2020 at 0.7042000

Smart Scan Analysis for SGDUSD

Based on our trend formula, SGDUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7013000 0.7025433 0.7008000 0.7021000 +0.0008000
Prev. Close Volume Bid Ask Time
0.7013000 0.7020000 0.7022000 2020-05-25 14:54:50
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