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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Singapore Dollar/British Pound (FOREX:SGDGBP)
Weak Downtrend (-65) - SGDGBP is showing signs of a strengthening downtrend. Monitor SGDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDGBP
The long-term trend has been UP since Aug 5th, 2024 at 0.592120
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.592575
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.592575
Smart Scan Analysis for SGDGBP
Based on our trend formula, SGDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5926500 | 0.5931450 | 0.5924850 | 0.5927333 | +0.0000830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5926500 | 2025-02-05 01:58:53 |