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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SGDINR Price Change
51.8635 51.8765 51.4140 51.6815 -0.1820
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long term trend has been UP since Aug 13th, 2019 at 51.6130

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 50.7795

short term down The short term trend has been DOWN since Sep 18th, 2019 at 51.6685

Smart Scan Analysis for SGDINR

Based on a pre-defined weighted trend formula for chart analysis, SGDINR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.8635 51.8765 51.4140 51.6815 -0.1820
Prev. Close Volume Bid Ask Time
51.8635 51.6500 51.7130 2019-09-20 05:38:42
Want to analyze Singapore Dollar/Indian Rupee SGDINR or another symbol? Try our Free Forex Trend Analysis Report.