Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Singapore Dollar (FOREX:EURSGD)
Weak Downtrend (-65) - EURSGD is showing signs of a strengthening downtrend. Monitor EURSGD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSGD.
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 EURSGD
The long-term trend has been DOWN since Apr 15th, 2024 at 1.443400
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1.450375
The short-term trend has been UP since May 6th, 2024 at 1.458000
Smart Scan Analysis for EURSGD
Based on our trend formula, EURSGD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.456485 | 1.457000 | 1.455500 | 1.455615 | -0.000870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.456485 | 2024-05-09 04:50:56 |
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