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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Weak Downtrend (-65) - SGDIDR is showing signs of a strengthening downtrend. Monitor SGDIDR as it may be building momentum to the downside.

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
11920.074 11950.493 11903.381 11929.054 +8.980
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 11651.724

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 11766.278

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 11884.962

Smart Scan Analysis for SGDIDR

Based on our trend formula, SGDIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11920.074 11950.493 11903.381 11929.054 +8.980
Prev. Close Volume Bid Ask Time
11920.074 2024-12-26 04:53:52
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