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Forex Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Strong Uptrend (+100) - SGDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SGDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDIDR
Open High Low SGDIDR Price Change
12149.501 12166.777 12125.238 12162.989 +13.488
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term up The long-term trend has been UP since Aug 2nd, 2023 at 11372.946

intermediate term up The intermediate-term trend has been UP since May 27th, 2024 at 11923.691

short term up The short-term trend has been UP since Jun 20th, 2024 at 12200.194

Smart Scan Analysis for SGDIDR

Based on our trend formula, SGDIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12149.501 12166.777 12125.238 12162.989 +13.488
Prev. Close Volume Bid Ask Time
12149.501 2024-06-21 16:59:57
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