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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Singapore Dollar/Turkish Lira (FOREX:SGDTRY)

Long-Term Uptrend (+90) - SGDTRY is in a strong uptrend that is likely to continue. While SGDTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_SGDTRY
Open High Low SGDTRY Price Change
24.268320 24.323376 24.205632 24.207302 -0.061018
Entry Signal

MarketClub’s Trade Triangles for SGDTRY

long term up The long-term trend has been UP since Sep 24th, 2021 at 6.5615191

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 24.0839530

short term up The short-term trend has been UP since Jun 12th, 2024 at 24.0810830

Smart Scan Analysis for SGDTRY

Based on our trend formula, SGDTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.268320 24.323376 24.205632 24.207302 -0.061018
Prev. Close Volume Bid Ask Time
24.193953 2024-06-21 17:04:39
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