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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Weak Uptrend (+65) - USDSGD is showing signs of weakening momentum to the upside. Monitor USDSGD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSGD
Open High Low USDSGD Price Change
1.353665 1.358200 1.352605 1.355800 +0.002135
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term up The long-term trend has been UP since Mar 5th, 2021 at 1.34182

intermediate term down The intermediate-term trend has been DOWN since Dec 22nd, 2021 at 1.36069

short term up The short-term trend has been UP since Jan 26th, 2022 at 1.34882

Smart Scan Analysis for USDSGD

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

+65
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.353665 1.358200 1.352605 1.355800 +0.002135
Prev. Close Volume Bid Ask Time
1.353665 2022-01-28 16:35:04
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