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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Euro/Singapore Dollar (FOREX:EURSGD)

Crossroads (+60) - EURSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.4654 1.4654 1.4654 1.4654 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 1.4434

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 1.4619

short term up The short-term trend has been UP since May 24th, 2024 at 1.4648

Smart Scan Analysis for EURSGD

Based on our trend formula, EURSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4654 1.4654 1.4654 1.4654 0.0000
Prev. Close Volume Bid Ask Time
1.4654 2024-05-25 04:21:23
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