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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

Weak Uptrend (+65) - SGDUSD is showing signs of weakening momentum to the upside. Monitor SGDUSD as it may be in the beginning stages of a reversal.

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
0.7524624 0.7541592 0.7497000 0.7505255 -0.0019370
Entry Signal

MarketClub’s Trade Triangles for SGDUSD

long term up The long-term trend has been UP since Jul 26th, 2020 at 0.7246903

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 0.7556000

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.7539773

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
0.7524624 0.7541592 0.7497000 0.7505255 -0.0019370
Prev. Close Volume Bid Ask Time
0.7524624 2021-02-26 17:11:51
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