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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South Korean Won/Singapore Dollar (FOREX:KRWSGD)

Countertrend Down (-85) - KRWSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.00098826 0.00098890 0.00098793 0.00098858 0.00000000
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 Mar 15th, 2024 at 0.00100373

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.00098599

Smart Scan Analysis for KRWSGD

Based on our trend formula, KRWSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00098826 0.00098890 0.00098793 0.00098858 0.00000000
Prev. Close Volume Bid Ask Time
0.00098826 2024-04-25 00:52:33
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