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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Singapore Dollar/Euro (FOREX:SGDEUR)

Countertrend Up (+85) - SGDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SGDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDEUR
Open High Low SGDEUR Price Change
0.6854127 0.6876610 0.6840600 0.6876399 +0.0022270
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long-term trend has been UP since Apr 16th, 2024 at 0.6928100

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 0.6895127

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.6884683

Smart Scan Analysis for SGDEUR

Based on our trend formula, SGDEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6854127 0.6876610 0.6840600 0.6876399 +0.0022270
Prev. Close Volume Bid Ask Time
0.6854127 2024-04-26 18:36:11
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