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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Long-Term Uptrend (+90) - SGDKRW is in a strong uptrend that is likely to continue. While SGDKRW 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 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
998.2540 999.6794 997.4764 998.1590 -0.0950
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 up The short-term trend has been UP since Mar 14th, 2024 at 989.2830

Smart Scan Analysis for SGDKRW

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

+90
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
998.2540 999.6794 997.4764 998.1590 -0.0950
Prev. Close Volume Bid Ask Time
998.2540 2024-03-19 03:48:22
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