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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.

FOREX_SGDINR
Open High Low SGDINR Price Change
56.796857 56.821364 56.391508 56.542179 -0.254678
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Jun 28th, 2022 at 56.942365

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 56.599520

short term down 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).

+75
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways 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
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