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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Bear Market Rally (-75) - SGDINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDINR as it may be in the beginning of a reversal.

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

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

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

FOREX_SGDINR
Open High Low SGDINR Price Change
51.324709 51.476773 51.200740 51.419845 +0.095136
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 52.021630

intermediate term down The intermediate-term trend has been DOWN since Jan 28th, 2020 at 52.489167

short term up The short-term trend has been UP since Feb 21st, 2020 at 51.472189

Smart Scan Analysis for SGDINR

Based on our trend formula, SGDINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.324709 51.476773 51.200740 51.419845 +0.095136
Prev. Close Volume Bid Ask Time
51.419845 51.367074 51.472615 2020-02-21 18:56:19
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