Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Long-Term Downtrend (-90) - INRSGD is in a strong downtrend that is likely to continue. While INRSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.01596972 0.01599610 0.01595986 0.01598986 +0.00002000
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.01597708

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 0.01635272

short term down The short-term trend has been DOWN since Nov 14th, 2023 at 0.01628406

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01596972 0.01599610 0.01595986 0.01598986 +0.00002000
Prev. Close Volume Bid Ask Time
0.01596972 2023-11-29 07:09:39
Get a free daily analysis and signals for Indian Rupee/Singapore Dollar (INRSGD) - Request Your Free Report.