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Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)
Crossroads (+60) - SGDIDR 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 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.
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MarketClub’s Trade Triangles for SGDIDR
The long-term trend has been DOWN since Dec 25th, 2024 at 11651.724
The intermediate-term trend has been UP since Jan 13th, 2025 at 12019.668
The short-term trend has been UP since Jan 13th, 2025 at 11895.935
Smart Scan Analysis for SGDIDR
Based on our trend formula, SGDIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11872.228 | 11958.288 | 11870.823 | 11922.753 | +50.525 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11872.228 | 2025-01-14 19:21:49 |