Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Euro/Singapore Dollar (FOREX:EURSGD)
Long-Term Uptrend (+90) - EURSGD is in a strong uptrend that is likely to continue. While EURSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Dec 21st, 2020 at 1.62982
The intermediate-term trend has been UP since Feb 25th, 2021 at 1.61370
The short-term trend has been UP since Feb 25th, 2021 at 1.60810
Smart Scan Analysis for EURSGD
Based on our trend formula, EURSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).