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Forex Trend Analysis Report
Prepared for you on Saturday, February 1, 2025.
British Pound/Singapore Dollar (FOREX:GBPSGD)
Weak Downtrend (-65) - GBPSGD is showing signs of a strengthening downtrend. Monitor GBPSGD as it may be building momentum to the downside.
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.
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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 UP since Jan 31st, 2025 at 1.684400
Smart Scan Analysis for GBPSGD
Based on our trend formula, GBPSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6819 | 1.6819 | 1.6819 | 1.6819 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6819 | 2025-02-01 07:32:12 |