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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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
61.709366 61.721361 61.585145 61.700257 -0.009109
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Jun 4th, 2024 at 62.693652

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 62.178502

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 61.750401

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
61.709366 61.721361 61.585145 61.700257 -0.009109
Prev. Close Volume Bid Ask Time
61.709366 2024-06-18 17:03:35
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