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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Singapore Dollar/Euro (FOREX:SGDEUR)

Weak Downtrend (-65) - SGDEUR is showing signs of a strengthening downtrend. Monitor SGDEUR as it may be building momentum to the downside.

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
0.65959149 0.65997906 0.65754884 0.65905677 -0.00053500
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long-term trend has been UP since Sep 11th, 2019 at 0.65940500

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2020 at 0.66133211

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 0.66264680

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
0.65959149 0.65997906 0.65754884 0.65905677 -0.00053500
Prev. Close Volume Bid Ask Time
0.65959149 0.65900030 0.65911323 2020-02-24 23:14:45
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