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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Indian Rupee (FOREX:SGDINR)
Sidelines Mode (-55) - SGDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SGDINR
The long-term trend has been UP since Jun 4th, 2024 at 62.693652
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 63.372917
The short-term trend has been UP since Nov 18th, 2024 at 63.010532
Smart Scan Analysis for SGDINR
Based on our trend formula, SGDINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.063165 | 63.063165 | 62.941880 | 62.959081 | -0.104084 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.063165 | 2024-11-20 03:33:04 |