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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Euro (FOREX:SGDEUR)
Strong Uptrend (+100) - SGDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDEUR.
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 SGDEUR
The long-term trend has been UP since Aug 2nd, 2024 at 0.6938243
The intermediate-term trend has been UP since Nov 10th, 2024 at 0.7043247
The short-term trend has been UP since Nov 19th, 2024 at 0.7079397
Smart Scan Analysis for SGDEUR
Based on our trend formula, SGDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7053200 | 0.7060300 | 0.7049205 | 0.7056242 | +0.0003040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7053200 | 2024-11-20 03:27:18 |