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Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)
Long-Term Uptrend (+90) - SGDAED is in a strong uptrend that is likely to continue. While SGDAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SGDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDAED
The long-term trend has been UP since Nov 15th, 2022 at 2.6860621
The intermediate-term trend has been UP since Mar 20th, 2023 at 2.7428412
The short-term trend has been UP since Mar 13th, 2023 at 2.7246856
Smart Scan Analysis for SGDAED
Based on our trend formula, SGDAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7669545 | 2.7669545 | 2.7497217 | 2.7497217 | -0.0172330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7669545 | 2023-03-24 17:22:59 |