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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.

FOREX_SGDEUR
Open High Low SGDEUR Price Change
0.65649755 0.65774548 0.65479327 0.65608420 -0.00041300
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long-term trend has been UP since Aug 25th, 2021 at 0.62898000

intermediate term up The intermediate-term trend has been UP since Aug 6th, 2021 at 0.62672621

short term up 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).

+90
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways 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
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