Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Bear Market Rally (-75) - INRSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRSGD as it may be in the beginning 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
0.01516954 0.01521230 0.01512771 0.01520005 +0.00003100
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Feb 4th, 2025 at 0.01555175

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2025 at 0.01530037

short term up The short-term trend has been UP since May 2nd, 2025 at 0.01546742

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01516954 0.01521230 0.01512771 0.01520005 +0.00003100
Prev. Close Volume Bid Ask Time
0.01516954 2025-05-09 07:08:49
Get a free daily analysis and signals for Indian Rupee/Singapore Dollar (INRSGD) - Request Your Free Report.