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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.

FOREX_SGDINR
Open High Low SGDINR Price Change
52.953442 53.208965 52.953442 53.038310 +0.084868
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Mar 5th, 2020 at 53.415697

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2020 at 52.084174

short term up 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).

+90
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.953442 53.208965 52.953442 53.038310 +0.084868
Prev. Close Volume Bid Ask Time
52.953442 52.986536 53.090083 2020-04-06 18:40:47
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