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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Bull Market Weakness (+75) - USDSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
1.351815 1.355075 1.351700 1.354875 +0.003060
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term up The long-term trend has been UP since Apr 1st, 2024 at 1.35566

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 1.34528

short term up The short-term trend has been UP since Jun 14th, 2024 at 1.35420

Smart Scan Analysis for USDSGD

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

+75
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.351815 1.355075 1.351700 1.354875 +0.003060
Prev. Close Volume Bid Ask Time
1.351815 2024-06-14 10:27:50
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