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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)

Bear Market Rally (-75) - SGDPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDPKR as it may be in the beginning of a reversal.

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

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

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

FOREX_SGDPKR
Open High Low SGDPKR Price Change
208.33722 208.33722 208.12183 208.12183 -0.21539
Entry Signal

MarketClub’s Trade Triangles for SGDPKR

long term down The long-term trend has been DOWN since Oct 12th, 2023 at 204.38353

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 208.16279

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 209.48677

Smart Scan Analysis for SGDPKR

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

-75
Smart Scan Analysis for SGDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.33722 208.33722 208.12183 208.12183 -0.21539
Prev. Close Volume Bid Ask Time
208.33722 2024-03-18 17:29:12
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