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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Singapore Dollar/Indian Rupee (FOREX:SGDINR)
Weak Downtrend (-65) - SGDINR is showing signs of a strengthening downtrend. Monitor SGDINR as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for SGDINR
The long-term trend has been DOWN since Nov 25th, 2024 at 62.547471
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 63.372917
The short-term trend has been UP since Nov 27th, 2024 at 62.725999
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.915398 | 63.048632 | 62.879426 | 62.954028 | +0.038630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.915398 | 2024-12-03 15:03:07 |