Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Singapore Dollar/US Dollar (FOREX:SGDUSD)
Strong Uptrend (+100) - SGDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SGDUSD
The long-term trend has been UP since Nov 15th, 2022 at 0.7316627
The intermediate-term trend has been UP since Mar 19th, 2023 at 0.7467146
The short-term trend has been UP since Mar 17th, 2023 at 0.7457010
Smart Scan Analysis for SGDUSD
Based on our trend formula, SGDUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).