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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

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.

FOREX_INRSGD
Open High Low INRSGD Price Change
0.01760663 0.01773114 0.01759903 0.01768072 +0.00007400
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Jun 28th, 2022 at 0.01756414

intermediate term down The intermediate-term trend has been DOWN since Jun 27th, 2022 at 0.01766801

short term up The short-term trend has been UP since Jul 1st, 2022 at 0.01765928

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).

-85
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01760663 0.01773114 0.01759903 0.01768072 +0.00007400
Prev. Close Volume Bid Ask Time
0.01760663 2022-07-01 17:10:53
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