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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 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.

FOREX_EURSGD
Open High Low EURSGD Price Change
1.45105 1.45745 1.44810 1.45195 +0.00090
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term up The long-term trend has been UP since May 26th, 2024 at 1.471215

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2024 at 1.457100

short term up The short-term trend has been UP since Jun 13th, 2024 at 1.458870

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).

+55
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.45105 1.45745 1.44810 1.45195 +0.00090
Prev. Close Volume Bid Ask Time
1.45105 2024-06-15 15:38:39
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