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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indian Rupee/Singapore Dollar (FOREX:INRSGD)
Sidelines Mode (-55) - INRSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid INRSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRSGD.
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 INRSGD
The long-term trend has been UP since Mar 4th, 2024 at 0.01628215
The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.01614495
The short-term trend has been UP since May 7th, 2024 at 0.01623402
Smart Scan Analysis for INRSGD
Based on our trend formula, INRSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01623548 | 0.01624426 | 0.01623336 | 0.01623686 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01623548 | 2024-05-09 02:06:38 |