Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Singapore Dollar/South Korean Won (FOREX:SGDKRW)
Strong Uptrend (+100) - SGDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SGDKRW
The long-term trend has been UP since Jan 24th, 2022 at 892.0006
The intermediate-term trend has been UP since Dec 20th, 2021 at 873.0613
The short-term trend has been UP since Jan 20th, 2022 at 885.2158
Smart Scan Analysis for SGDKRW
Based on our trend formula, SGDKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).