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.
MarketClub’s Trade Triangles for SGDINR
The long-term trend has been UP since Nov 4th, 2020 at 54.918728
The intermediate-term trend has been DOWN since Dec 1st, 2020 at 54.853845
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).