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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Strong Downtrend (-100) - INRSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
0.01862662 0.01868738 0.01859647 0.01863142 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 0.01872111

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 0.01865181

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.01871964

Smart Scan Analysis for INRSGD

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

-100
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01862662 0.01868738 0.01859647 0.01863142 +0.00000500
Prev. Close Volume Bid Ask Time
0.01862662 0.01861369 0.01864915 2020-06-01 11:15:50
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