Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Euro/Singapore Dollar (FOREX:EURSGD)
Weak Uptrend (+65) - EURSGD is showing signs of weakening momentum to the upside. Monitor EURSGD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURSGD
The long-term trend has been UP since Feb 27th, 2020 at 1.53330
The intermediate-term trend has been UP since Jan 31st, 2020 at 1.51200
The short-term trend has been DOWN since Mar 30th, 2020 at 1.57122
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).