Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/Indian Rupee (FOREX:SGDINR)
Long-Term Uptrend (+90) - SGDINR is in a strong uptrend that is likely to continue. While SGDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDINR
The long-term trend has been UP since Feb 4th, 2025 at 64.316791
The intermediate-term trend has been UP since Apr 11th, 2025 at 65.356110
The short-term trend has been UP since May 5th, 2025 at 65.393605
Smart Scan Analysis for SGDINR
Based on our trend formula, SGDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.885973 | 66.103891 | 65.837360 | 65.880943 | -0.005030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 65.885973 | 2025-05-09 03:00:58 |