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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)

Bull Market Weakness (+75) - SGDPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDPKR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SGDPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDPKR
Open High Low SGDPKR Price Change
119.08317 119.24943 119.08317 119.24943 +0.16626
Entry Signal

MarketClub’s Trade Triangles for SGDPKR

long term down The long-term trend has been DOWN since Oct 22nd, 2020 at 119.40031

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2020 at 118.64282

short term up The short-term trend has been UP since Dec 1st, 2020 at 119.24342

Smart Scan Analysis for SGDPKR

Based on our trend formula, SGDPKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SGDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.08317 119.24943 119.08317 119.24943 +0.16626
Prev. Close Volume Bid Ask Time
119.91358 2020-12-01 13:10:13
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