Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

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
0.01882849 0.01886605 0.01879386 0.01884433 +0.00001600
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 0.01872111

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2020 at 0.01919971

short term up The short-term trend has been UP since Apr 1st, 2020 at 0.01895677

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
0.01882849 0.01886605 0.01879386 0.01884433 +0.00001600
Prev. Close Volume Bid Ask Time
0.01882849 0.01882594 0.01886272 2020-04-06 18:15:14
Get a free daily analysis and signals for Indian Rupee/Singapore Dollar (INRSGD) - Request Your Free Report.