Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Singapore Dollar/Turkish Lira (FOREX:SGDTRY)

Weak Uptrend (+65) - SGDTRY is showing signs of weakening momentum to the upside. Monitor SGDTRY as it may be in the beginning stages of a reversal.

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.

FOREX_SGDTRY
Open High Low SGDTRY Price Change
4.8464934 4.8505100 4.8366658 4.8423449 -0.0041490
Entry Signal

MarketClub’s Trade Triangles for SGDTRY

long term up The long-term trend has been UP since Dec 18th, 2019 at 4.3494553

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2020 at 4.8317267

short term up The short-term trend has been UP since May 28th, 2020 at 4.7991803

Smart Scan Analysis for SGDTRY

Based on our trend formula, SGDTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8464934 4.8505100 4.8366658 4.8423449 -0.0041490
Prev. Close Volume Bid Ask Time
4.8464934 4.8420817 4.8426080 2020-06-02 01:45:37
Get a free daily analysis and signals for Singapore Dollar/Turkish Lira (SGDTRY) - Request Your Free Report.