Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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.
MarketClub’s Trade Triangles for SGDINR
The long-term trend has been UP since Oct 11th, 2021 at 55.522274
The intermediate-term trend has been UP since Oct 4th, 2021 at 54.932558
The short-term trend has been UP since Sep 28th, 2021 at 54.690172
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).