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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 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.

FOREX_EURSGD
Open High Low EURSGD Price Change
1.4192 1.4192 1.4192 1.4192 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 1.41206

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 1.41630

short term up The short-term trend has been UP since Dec 5th, 2024 at 1.41670

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
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4192 1.4192 1.4192 1.4192 0.0000
Prev. Close Volume Bid Ask Time
1.4192 2024-12-08 02:20:38
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