Forex Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
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.
MarketClub’s Trade Triangles for EURSGD
The long-term trend has been UP since May 14th, 2021 at 1.61700
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 1.60809
The short-term trend has been DOWN since Jun 11th, 2021 at 1.61002
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).