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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Singapore Dollar/South Korean Won (FOREX:SGDKRW)
Crossroads (-60) - SGDKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGDKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDKRW.
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 SGDKRW
The long-term trend has been UP since Jan 16th, 2024 at 1001.5520
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1061.7464
The short-term trend has been DOWN since Jan 13th, 2025 at 1061.7464
Smart Scan Analysis for SGDKRW
Based on our trend formula, SGDKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1067.1077 | 1069.0051 | 1067.0365 | 1069.0051 | +1.8974 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1067.1077 | 2025-01-15 02:44:56 |