Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

FOREX_SGDGBP
Open High Low SGDGBP Price Change
0.58768500 0.58792424 0.58688000 0.58695500 -0.00073000
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term down The long-term trend has been DOWN since Jan 11th, 2024 at 0.58826500

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2024 at 0.58636838

short term up The short-term trend has been UP since Mar 21st, 2024 at 0.58767000

Smart Scan Analysis for SGDGBP

Based on our trend formula, SGDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58768500 0.58792424 0.58688000 0.58695500 -0.00073000
Prev. Close Volume Bid Ask Time
0.58768500 2024-03-28 06:54:56
Get a free daily analysis and signals for Singapore Dollar/British Pound (SGDGBP) - Request Your Free Report.