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Forex Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
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.
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MarketClub’s Trade Triangles for SGDUSD
The long-term trend has been DOWN since Nov 12th, 2024 at 0.7471000
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.7655000
The short-term trend has been DOWN since Jan 13th, 2025 at 0.7273865
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7278021 | 0.7325544 | 0.7272410 | 0.7296714 | +0.0018690 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7278021 | 2025-01-13 21:48:09 |