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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/Turkish Lira (FOREX:SGDTRY)
Countertrend Up (+85) - SGDTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Feb 5th, 2025 at 26.648869
The intermediate-term trend has been UP since Apr 13th, 2025 at 28.939090
The short-term trend has been DOWN since May 7th, 2025 at 29.430520
Smart Scan Analysis for SGDTRY
Based on our trend formula, SGDTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.888225 | 29.917685 | 29.778839 | 29.892070 | +0.003845 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.888225 | 2025-05-09 07:30:40 |