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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.

FOREX_KRWSGD
Open High Low KRWSGD Price Change
0.00115969 0.00116009 0.00115666 0.00115874 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWSGD

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 0.00113760

intermediate term down The intermediate-term trend has been DOWN since Jul 23rd, 2020 at 0.00115267

short term up 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).

-55
Smart Scan Analysis for KRWSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00115969 0.00116009 0.00115666 0.00115874 -0.00000100
Prev. Close Volume Bid Ask Time
0.00115969 0.00115869 0.00115879 2020-08-11 23:02:31
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