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.
MarketClub’s Trade Triangles for INRSGD
The long-term trend has been DOWN since Apr 9th, 2021 at 0.01793804
The intermediate-term trend has been UP since May 3rd, 2021 at 0.01798551
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).