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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.
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MarketClub’s Trade Triangles for USDSGD
The long-term trend has been UP since Mar 5th, 2021 at 1.34182
The intermediate-term trend has been DOWN since Dec 22nd, 2021 at 1.36069
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).
| 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 |