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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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
1.412335 1.416600 1.411445 1.415970 +0.003635
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 Dec 25th, 2024 at 1.40780

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1.40850

Smart Scan Analysis for EURSGD

Based on our trend formula, EURSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.412335 1.416600 1.411445 1.415970 +0.003635
Prev. Close Volume Bid Ask Time
1.412335 2024-12-26 16:23:38
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