Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Singapore Dollar/Euro (FOREX:SGDEUR)
Crossroads (+60) - SGDEUR is struggling to move into a solid trend. Beware of choppy markets 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDEUR
The long-term trend has been DOWN since Dec 6th, 2023 at 0.6800410
The intermediate-term trend has been UP since Apr 11th, 2024 at 0.6895127
The short-term trend has been UP since Apr 10th, 2024 at 0.6854481
Smart Scan Analysis for SGDEUR
Based on our trend formula, SGDEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6894674 | 0.6905602 | 0.6891800 | 0.6897505 | +0.0002830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6894674 | 2024-04-16 06:53:22 |