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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Long-Term Uptrend (+90) - SGDGBP is in a strong uptrend that is likely to continue. While SGDGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_SGDGBP
Open High Low SGDGBP Price Change
0.600775 0.601290 0.597830 0.599885 -0.000890
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long-term trend has been UP since Sep 22nd, 2023 at 0.597835

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2023 at 0.586895

short term up The short-term trend has been UP since Sep 3rd, 2023 at 0.587325

Smart Scan Analysis for SGDGBP

Based on our trend formula, SGDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.600775 0.601290 0.597830 0.599885 -0.000890
Prev. Close Volume Bid Ask Time
0.600775 2023-09-28 19:17:35
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