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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

South Korean Won/Singapore Dollar (FOREX:KRWSGD)

Bear Market Rally (-75) - KRWSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWSGD as it may be in the beginning of a reversal.

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
0.00113888 0.00114010 0.00113865 0.00114005 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 0.00118700

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2021 at 0.00117533

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.00113506

Smart Scan Analysis for KRWSGD

Based on our trend formula, KRWSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00113888 0.00114010 0.00113865 0.00114005 +0.00000100
Prev. Close Volume Bid Ask Time
0.00113888 2021-10-17 17:28:33
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