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Forex Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Bull Market Weakness (+75) - INRSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRSGD as it may be in the beginning stages of a reversal.

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
0.01817792 0.01824396 0.01816243 0.01817928 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Apr 9th, 2021 at 0.01793804

intermediate term up The intermediate-term trend has been UP since May 3rd, 2021 at 0.01798551

short term up The short-term trend has been UP since May 13th, 2021 at 0.01814845

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01817792 0.01824396 0.01816243 0.01817928 +0.00000100
Prev. Close Volume Bid Ask Time
0.01817792 2021-05-14 17:13:36
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