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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Singapore Dollar/Turkish Lira (FOREX:SGDTRY)
Sidelines Mode (-55) - SGDTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 May 10th, 2022 at 11.036043
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 26.111718
The short-term trend has been UP since Nov 17th, 2024 at 25.811675
Smart Scan Analysis for SGDTRY
Based on our trend formula, SGDTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.757634 | 25.836896 | 25.727762 | 25.747030 | -0.010604 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.757634 | 2024-11-20 03:43:24 |