Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Singapore Dollar/Euro (FOREX:SGDEUR)

Bull Market Weakness (+75) - SGDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDEUR as it may be in the beginning stages of a reversal.

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.

FOREX_SGDEUR
Open High Low SGDEUR Price Change
0.6893462 0.6895127 0.6883735 0.6889923 -0.0003540
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term down The long-term trend has been DOWN since May 24th, 2024 at 0.6803127

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 0.6862949

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.6897250

Smart Scan Analysis for SGDEUR

Based on our trend formula, SGDEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6893462 0.6895127 0.6883735 0.6889923 -0.0003540
Prev. Close Volume Bid Ask Time
0.6893462 2024-06-18 05:33:51
Get a free daily analysis and signals for Singapore Dollar/Euro (SGDEUR) - Request Your Free Report.