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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
4.3552492 4.3605622 4.3442450 4.3529610 -0.0022880
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 Feb 4th, 2020 at 4.3421373

short term up The short-term trend has been UP since Feb 11th, 2020 at 4.3417988

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).

-55
Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3552492 4.3605622 4.3442450 4.3529610 -0.0022880
Prev. Close Volume Bid Ask Time
4.3552492 4.3517030 4.3542191 2020-02-17 16:30:00
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