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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)

Weak Uptrend (+65) - SGDAED is showing signs of weakening momentum to the upside. Monitor SGDAED as it may be in the beginning stages of a reversal.

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
2.7660009 2.7679563 2.7540627 2.7580911 -0.0079100
Entry Signal

MarketClub’s Trade Triangles for SGDAED

long term up The long-term trend has been UP since Jul 27th, 2020 at 2.6609655

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 2.7749354

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 2.7699896

Smart Scan Analysis for SGDAED

Based on our trend formula, SGDAED is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7660009 2.7679563 2.7540627 2.7580911 -0.0079100
Prev. Close Volume Bid Ask Time
2.7660009 2021-02-26 17:12:08
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