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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Singapore Dollar (FOREX:USDSGD)
Countertrend Down (-85) - USDSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 5th, 2025 at 1.331235
The intermediate-term trend has been DOWN since Apr 10th, 2025 at 1.328635
The short-term trend has been UP since May 8th, 2025 at 1.297105
Smart Scan Analysis for USDSGD
Based on our trend formula, USDSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.299820 | 1.300160 | 1.297505 | 1.297940 | -0.001880 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.299820 | 2025-05-09 07:09:06 |