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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Indian Rupee/Singapore Dollar (FOREX:INRSGD)
Sidelines Mode (+55) - INRSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRSGD
The long-term trend has been UP since Nov 25th, 2024 at 0.01598787
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.01577962
The short-term trend has been DOWN since Nov 27th, 2024 at 0.01591281
Smart Scan Analysis for INRSGD
Based on our trend formula, INRSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01589024 | 0.01590228 | 0.01584175 | 0.01584593 | -0.00004400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01589024 | 2024-12-04 21:47:06 |