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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Bull Market Weakness (+75) - SGDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDKRW as it may be in the beginning stages of a reversal.

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.

FOREX_SGDKRW
Open High Low SGDKRW Price Change
1009.7848 1009.7848 1009.7848 1009.7848 0.0000
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long-term trend has been UP since Jan 16th, 2024 at 1001.5520

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 996.0171

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 1014.3767

Smart Scan Analysis for SGDKRW

Based on our trend formula, SGDKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1009.7848 1009.7848 1009.7848 1009.7848 0.0000
Prev. Close Volume Bid Ask Time
1009.7848 2024-04-20 21:41:54
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