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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Singapore Dollar (FOREX:EURSGD)
Sidelines Mode (-55) - EURSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURSGD
The long-term trend has been DOWN since Apr 15th, 2024 at 1.443400
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1.450375
The short-term trend has been UP since Apr 22nd, 2024 at 1.452800
Smart Scan Analysis for EURSGD
Based on our trend formula, EURSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.456745 | 1.458800 | 1.456720 | 1.458175 | +0.001430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.456745 | 2024-04-25 03:02:44 |