Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Indian Rupee/Singapore Dollar (FOREX:INRSGD)
Countertrend Down (-85) - INRSGD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid INRSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRSGD
The long-term trend has been DOWN since Mar 5th, 2020 at 0.01872111
The intermediate-term trend has been DOWN since Mar 2nd, 2020 at 0.01919971
The short-term trend has been UP since Apr 1st, 2020 at 0.01895677
Smart Scan Analysis for INRSGD
Based on our trend formula, INRSGD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).