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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)
Countertrend Up (+85) - SGDAED is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Mar 5th, 2025 at 2.7559033
The intermediate-term trend has been UP since Apr 10th, 2025 at 2.7624207
The short-term trend has been DOWN since May 8th, 2025 at 2.8359167
Smart Scan Analysis for SGDAED
Based on our trend formula, SGDAED is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8256301 | 2.8302714 | 2.8256301 | 2.8302714 | +0.0046410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.8256301 | 2025-05-09 07:13:37 |