Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Sidelines Mode (-55) - USDSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDSGD
Open High Low USDSGD Price Change
1.32898 1.33113 1.32598 1.33010 +0.00112
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term down The long-term trend has been DOWN since Jul 26th, 2020 at 1.379900

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2021 at 1.323500

short term up The short-term trend has been UP since Feb 26th, 2021 at 1.329605

Smart Scan Analysis for USDSGD

Based on our trend formula, USDSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.32898 1.33113 1.32598 1.33010 +0.00112
Prev. Close Volume Bid Ask Time
1.32898 2021-02-26 11:18:44
Get a free daily analysis and signals for US Dollar/Singapore Dollar (USDSGD) - Request Your Free Report.