Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)
Strong Downtrend (-100) - SGDAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGDAED continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SGDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDAED
The long-term trend has been DOWN since Nov 12th, 2024 at 2.7447542
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 2.8128321
The short-term trend has been DOWN since Nov 21st, 2024 at 2.7306153
Smart Scan Analysis for SGDAED
Based on our trend formula, SGDAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7274759 | 2.7316183 | 2.7213585 | 2.7240728 | -0.0034030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7274759 | 2024-11-22 15:24:07 |