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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Sidelines Mode (-55) - INRSGD 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 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.

FOREX_INRSGD
Open High Low INRSGD Price Change
0.01590317 0.01590928 0.01587829 0.01589126 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 0.01595059

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 0.01577962

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.01584354

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01590317 0.01590928 0.01587829 0.01589126 -0.00001200
Prev. Close Volume Bid Ask Time
0.01590317 2024-11-21 06:36:25
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