Forex Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Sidelines Mode (-55) - KRWSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for KRWSGD
The long-term trend has been DOWN since Mar 18th, 2020 at 0.00113760
The intermediate-term trend has been DOWN since Jul 23rd, 2020 at 0.00115267
The short-term trend has been UP since Aug 3rd, 2020 at 0.00115466
Smart Scan Analysis for KRWSGD
Based on our trend formula, KRWSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).