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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/US Dollar (FOREX:SGDUSD)
Long-Term Uptrend (+90) - SGDUSD is in a strong uptrend that is likely to continue. While SGDUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Jul 11th, 2024 at 0.7451037
The intermediate-term trend has been UP since Jul 7th, 2024 at 0.7417500
The short-term trend has been UP since Jul 24th, 2024 at 0.7443246
Smart Scan Analysis for SGDUSD
Based on our trend formula, SGDUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7445545 | 0.7453232 | 0.7438000 | 0.7448000 | +0.0002460 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7445545 | 2024-07-26 17:01:06 |