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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Singapore Dollar/Euro (FOREX:SGDEUR)

Sidelines Mode (+55) - SGDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.63920228 0.63959083 0.63663123 0.63674028 -0.00246200
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long-term trend has been UP since Aug 25th, 2021 at 0.62898000

intermediate term up The intermediate-term trend has been UP since Aug 6th, 2021 at 0.62672621

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.63844746

Smart Scan Analysis for SGDEUR

Based on our trend formula, SGDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63920228 0.63959083 0.63663123 0.63674028 -0.00246200
Prev. Close Volume Bid Ask Time
0.63774437 2021-10-22 17:01:08
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