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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Sidelines Mode (+55) - SGDIDR 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 SGDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDIDR
Open High Low SGDIDR Price Change
10648.319 10648.319 10648.319 10648.319 0.000
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term up The long-term trend has been UP since Feb 25th, 2021 at 10790.862

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2021 at 10655.339

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 10708.360

Smart Scan Analysis for SGDIDR

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

+55
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10648.319 10648.319 10648.319 10648.319 0.000
Prev. Close Volume Bid Ask Time
10648.319 2021-03-06 04:03:51
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