Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Singapore Dollar (FOREX:USDSGD)
Weak Downtrend (-65) - USDSGD is showing signs of a strengthening downtrend. Monitor USDSGD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSGD.
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 USDSGD
The long-term trend has been UP since Apr 1st, 2024 at 1.35566
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 1.34820
The short-term trend has been DOWN since Jul 24th, 2024 at 1.34350
Smart Scan Analysis for USDSGD
Based on our trend formula, USDSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.343095 | 1.344400 | 1.341800 | 1.342600 | -0.000495 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.343095 | 2024-07-26 19:59:46 |
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