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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.
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MarketClub’s Trade Triangles for USDSGD
The long-term trend has been UP since Nov 13th, 2024 at 1.341935
The intermediate-term trend has been UP since Oct 4th, 2024 at 1.307545
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).
| 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 |