Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
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.
MarketClub’s Trade Triangles for EURSGD
The long-term trend has been DOWN since Nov 1st, 2020 at 1.5888
The intermediate-term trend has been DOWN since Nov 1st, 2020 at 1.5888
The short-term trend has been UP since Nov 24th, 2020 at 1.5970
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).