Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
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 Mar 5th, 2020 at 53.415697
The intermediate-term trend has been UP since Mar 2nd, 2020 at 52.084174
The short-term trend has been UP since Apr 2nd, 2020 at 53.318897
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).