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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

Strong Downtrend (-100) - SGDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGDUSD continues to fall. Traders should use caution and set stops.

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
0.7162812 0.7166815 0.7110354 0.7111035 -0.0051780
Entry Signal

MarketClub’s Trade Triangles for SGDUSD

long term down The long-term trend has been DOWN since Apr 19th, 2022 at 0.7307244

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.7202000

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.7202000

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).

-100
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7162812 0.7166815 0.7110354 0.7111035 -0.0051780
Prev. Close Volume Bid Ask Time
0.7162812 2022-07-05 09:40:23
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