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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.6857206 0.6864362 0.6849786 0.6851194 -0.0006010
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 down The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.6849941

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.6838402

Smart Scan Analysis for SGDEUR

Based on our trend formula, SGDEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6857206 0.6864362 0.6849786 0.6851194 -0.0006010
Prev. Close Volume Bid Ask Time
0.6857206 2024-07-26 17:04:33
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