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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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.

FOREX_KRWSGD
Open High Low KRWSGD Price Change
0.00096906 0.00097028 0.00096646 0.00096967 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term down The long-term trend has been DOWN since Jan 16th, 2024 at 0.00099793

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.00097214

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.00097355

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).

-90
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00096906 0.00097028 0.00096646 0.00096967 +0.00000100
Prev. Close Volume Bid Ask Time
0.00097019 2024-07-19 17:04:58
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