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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Euro/Singapore Dollar (FOREX:EURSGD)

Strong Downtrend (-100) - EURSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURSGD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURSGD
Open High Low EURSGD Price Change
1.529695 1.531920 1.529045 1.529685 -0.000010
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long-term trend has been DOWN since Aug 25th, 2021 at 1.589765

intermediate term down The intermediate-term trend has been DOWN since Aug 6th, 2021 at 1.595660

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 1.536725

Smart Scan Analysis for EURSGD

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

-100
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.529695 1.531920 1.529045 1.529685 -0.000010
Prev. Close Volume Bid Ask Time
1.529695 2022-01-19 06:19:38
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