Singapore Dollar Trust (FXSG) Enters Oversold Territory
May 17, 2013 at 16:07 PM EDT
In trading on Friday, shares of the Singapore Dollar Trust ETF (FXSG) entered into oversold territory, changing hands as low as $79.31 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.