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Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Singapore Dollar/Indian Rupee (FOREX:SGDINR)
Bull Market Weakness (+75) - SGDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDINR.
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 SGDINR
The long-term trend has been UP since Jun 28th, 2022 at 56.942365
The intermediate-term trend has been UP since Jun 27th, 2022 at 56.599520
The short-term trend has been DOWN since Jul 1st, 2022 at 56.627508
Smart Scan Analysis for SGDINR
Based on our trend formula, SGDINR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.796857 | 56.821364 | 56.391508 | 56.542179 | -0.254678 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.796857 | 2022-07-01 19:47:29 |