Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
British Pound/Singapore Dollar (FOREX:GBPSGD)
Strong Downtrend (-100) - GBPSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSGD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPSGD
The long-term trend has been DOWN since Aug 5th, 2024 at 1.685835
The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 1.696400
The short-term trend has been DOWN since Jan 17th, 2025 at 1.663895
Smart Scan Analysis for GBPSGD
Based on our trend formula, GBPSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.666 | 1.666 | 1.666 | 1.666 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.666 | 2025-01-18 12:33:13 |