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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.

FOREX_EURSGD
Open High Low EURSGD Price Change
1.587415 1.590655 1.585725 1.589935 +0.002520
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term up The long-term trend has been UP since Feb 27th, 2020 at 1.533300

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2020 at 1.579155

short term up 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).

+100
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.587415 1.590655 1.585725 1.589935 +0.002520
Prev. Close Volume Bid Ask Time
1.587415 1.589880 1.589990 2020-07-16 10:14:13
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