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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.

FOREX_SGDEUR
Open High Low SGDEUR Price Change
0.62018389 0.62034755 0.61804712 0.61852837 -0.00165600
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 0.61349694

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2020 at 0.61954045

short term down 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).

-65
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.62018389 0.62034755 0.61804712 0.61852837 -0.00165600
Prev. Close Volume Bid Ask Time
0.62018389 2021-01-22 16:59:56
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