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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Long-Term Downtrend (-90) - KRWSGD is in a strong downtrend that is likely to continue. While KRWSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KRWSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWSGD.
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 KRWSGD
The long-term trend has been DOWN since Jan 16th, 2024 at 0.00099793
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.00094374
The short-term trend has been DOWN since Jan 27th, 2025 at 0.00093888
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00093071 | 0.00093425 | 0.00092897 | 0.00093308 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00093071 | 2025-02-04 23:01:52 |