Forex Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
Euro/Singapore Dollar (FOREX:EURSGD)
Strong Uptrend (+100) - EURSGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSGD 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 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.
MarketClub’s Trade Triangles for EURSGD
The long-term trend has been UP since Feb 27th, 2020 at 1.533300
The intermediate-term trend has been UP since Jul 8th, 2020 at 1.579155
The short-term trend has been UP since Jul 14th, 2020 at 1.580350
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).