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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Strong Uptrend (+100) - SGDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
62.337128 62.377284 62.269703 62.374284 +0.037156
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Jun 4th, 2024 at 62.693652

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 62.178502

short term up The short-term trend has been UP since Jul 24th, 2024 at 62.242863

Smart Scan Analysis for SGDINR

Based on our trend formula, SGDINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.337128 62.377284 62.269703 62.374284 +0.037156
Prev. Close Volume Bid Ask Time
62.337128 2024-07-26 19:57:41
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