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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.

FOREX_SGDAED
Open High Low SGDAED Price Change
2.7669545 2.7669545 2.7497217 2.7497217 -0.0172330
Entry Signal

MarketClub’s Trade Triangles for SGDAED

long term up The long-term trend has been UP since Nov 15th, 2022 at 2.6860621

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 2.7428412

short term up 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).

+90
Smart Scan Analysis for SGDAED
Strong Downtrend Sideways 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
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