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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Weak Uptrend (+65) - SGDINR is showing signs of weakening momentum to the upside. Monitor SGDINR as it may be in the beginning stages 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
55.158565 55.410969 55.054884 55.375101 +0.216536
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Nov 4th, 2020 at 54.918728

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2020 at 54.853845

short term up The short-term trend has been UP since Dec 3rd, 2020 at 55.355628

Smart Scan Analysis for SGDINR

Based on our trend formula, SGDINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.158565 55.410969 55.054884 55.375101 +0.216536
Prev. Close Volume Bid Ask Time
55.158565 2020-12-03 20:43:30
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