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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/Turkish Lira (FOREX:SGDTRY)
Long-Term Uptrend (+90) - SGDTRY is in a strong uptrend that is likely to continue. While SGDTRY 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 SGDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDTRY.
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 SGDTRY
The long-term trend has been UP since Sep 17th, 2021 at 6.4177921
The intermediate-term trend has been UP since Jun 4th, 2024 at 24.0839530
The short-term trend has been UP since Jul 24th, 2024 at 24.6454890
Smart Scan Analysis for SGDTRY
Based on our trend formula, SGDTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.637521 | 24.688775 | 24.511480 | 24.532285 | -0.105236 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.637521 | 2024-07-26 17:04:33 |