Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)

Long-Term Downtrend (-90) - SGDPKR is in a strong downtrend that is likely to continue. While SGDPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
204.63647 204.63647 204.61889 204.61889 -0.01758
Entry Signal

MarketClub’s Trade Triangles for SGDPKR

long term down The long-term trend has been DOWN since Oct 12th, 2023 at 204.38353

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 207.82960

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 206.12669

Smart Scan Analysis for SGDPKR

Based on our trend formula, SGDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
204.63647 204.63647 204.61889 204.61889 -0.01758
Prev. Close Volume Bid Ask Time
204.63647 2024-04-19 12:55:13
Get a free daily analysis and signals for Singapore Dollar/Pakistani Rupee (SGDPKR) - Request Your Free Report.