Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Singapore Dollar/Turkish Lira (FOREX:SGDTRY)
Strong Uptrend (+100) - SGDTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 8th, 2021 at 6.5797092
The intermediate-term trend has been UP since Mar 13th, 2023 at 14.2380000
The short-term trend has been UP since Mar 28th, 2023 at 14.5210840
Smart Scan Analysis for SGDTRY
Based on our trend formula, SGDTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).