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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Long-Term Downtrend (-90) - INRSGD is in a strong downtrend that is likely to continue. While INRSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid INRSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRSGD
Open High Low INRSGD Price Change
0.01614434 0.01619021 0.01613665 0.01617427 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Jun 28th, 2022 at 0.01756414

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2023 at 0.01623183

short term down The short-term trend has been DOWN since Mar 13th, 2023 at 0.01645193

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01614434 0.01619021 0.01613665 0.01617427 +0.00003000
Prev. Close Volume Bid Ask Time
0.01614434 2023-03-24 17:07:36
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