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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Bull Market Weakness (+75) - SGDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
54.912103 54.937707 54.809119 54.867159 -0.044944
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long-term trend has been UP since Oct 11th, 2021 at 55.522274

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 55.374431

short term up The short-term trend has been UP since Nov 26th, 2021 at 54.612928

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
54.912103 54.937707 54.809119 54.867159 -0.044944
Prev. Close Volume Bid Ask Time
54.912103 2021-12-02 05:03:36
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