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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Strong Uptrend (+100) - USDSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDSGD 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 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
1.345255 1.347430 1.342910 1.346140 +0.000885
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term up The long-term trend has been UP since Nov 13th, 2024 at 1.341935

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 1.307545

short term up The short-term trend has been UP since Dec 2nd, 2024 at 1.345970

Smart Scan Analysis for USDSGD

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

+100
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.345255 1.347430 1.342910 1.346140 +0.000885
Prev. Close Volume Bid Ask Time
1.345255 2024-12-04 06:56:14
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