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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Bull Market Weakness (+75) - INRSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRSGD as it may be in the beginning stages 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
0.01620807 0.01621123 0.01619759 0.01620565 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term up The long-term trend has been UP since Mar 4th, 2024 at 0.01628215

intermediate term up The intermediate-term trend has been UP since May 26th, 2024 at 0.01627258

short term down The short-term trend has been DOWN since May 28th, 2024 at 0.01620312

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
0.01620807 0.01621123 0.01619759 0.01620565 -0.00000200
Prev. Close Volume Bid Ask Time
0.01620807 2024-05-28 02:23:28
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