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.
MarketClub’s Trade Triangles for SGDGBP
The long-term trend has been UP since Sep 22nd, 2023 at 0.597835
The intermediate-term trend has been UP since Aug 29th, 2023 at 0.586895
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).