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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/US Dollar (FOREX:SGDUSD)
Countertrend Up (+85) - SGDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SGDUSD
The long-term trend has been UP since Mar 5th, 2025 at 0.7511900
The intermediate-term trend has been UP since Apr 10th, 2025 at 0.7532500
The short-term trend has been DOWN since May 8th, 2025 at 0.7708318
Smart Scan Analysis for SGDUSD
Based on our trend formula, SGDUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7693432 | 0.7708614 | 0.7691000 | 0.7706892 | +0.0013460 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7693432 | 2025-05-09 08:18:37 |