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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.

FOREX_SGDUSD
Open High Low SGDUSD Price Change
0.7481194 0.7495129 0.7479433 0.7492236 +0.0011040
Entry Signal

MarketClub’s Trade Triangles for SGDUSD

long term up The long-term trend has been UP since Nov 15th, 2022 at 0.7316627

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2023 at 0.7467146

short term up 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).

+100
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7481194 0.7495129 0.7479433 0.7492236 +0.0011040
Prev. Close Volume Bid Ask Time
0.7481194 2023-03-22 06:41:01
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