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Forex Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
Singapore Dollar/Euro (FOREX:SGDEUR)
Long-Term Uptrend (+90) - SGDEUR is in a strong uptrend that is likely to continue. While SGDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SGDEUR
The long-term trend has been UP since Aug 25th, 2021 at 0.62898000
The intermediate-term trend has been UP since Aug 6th, 2021 at 0.62672621
The short-term trend has been UP since Jan 17th, 2022 at 0.65050404
Smart Scan Analysis for SGDEUR
Based on our trend formula, SGDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65649755 | 0.65774548 | 0.65479327 | 0.65608420 | -0.00041300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65649755 | 2022-01-24 18:17:59 |