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Forex Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

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
1.403950 1.410365 1.403890 1.406775 +0.002825
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 1.41206

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 1.41630

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 1.41255

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
1.403950 1.410365 1.403890 1.406775 +0.002825
Prev. Close Volume Bid Ask Time
1.403950 2024-11-24 19:36:15
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