Forex Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
Singapore Dollar/Euro (FOREX:SGDEUR)
Weak Downtrend (-65) - SGDEUR is showing signs of a strengthening downtrend. Monitor SGDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDEUR
The long-term trend has been DOWN since Dec 21st, 2020 at 0.61349694
The intermediate-term trend has been UP since Dec 31st, 2020 at 0.61954045
The short-term trend has been DOWN since Jan 22nd, 2021 at 0.61984767
Smart Scan Analysis for SGDEUR
Based on our trend formula, SGDEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).