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.
MarketClub’s Trade Triangles for SGDTRY
The long-term trend has been UP since Dec 18th, 2019 at 4.3494553
The intermediate-term trend has been DOWN since May 17th, 2020 at 4.8317267
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).