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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Bear Market Rally (-75) - INRSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRSGD as it may be in the beginning of a reversal.

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
0.01806701 0.01810397 0.01805276 0.01807769 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.01801081

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 0.01819057

short term down The short-term trend has been DOWN since Jan 12th, 2022 at 0.01824134

Smart Scan Analysis for INRSGD

Based on our trend formula, INRSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01806701 0.01810397 0.01805276 0.01807769 +0.00001100
Prev. Close Volume Bid Ask Time
0.01806701 2022-01-21 17:06:35
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