Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SGDINR Price Change
51.0355 51.1490 50.8580 51.1200 +0.0845
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term down The long term trend has been DOWN since Mar 18th, 2019 at 50.7555

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 52.1420

short term up The short term trend has been UP since Mar 20th, 2019 at 51.1375

Smart Scan Analysis for SGDINR

Based on a pre-defined weighted trend formula for chart analysis, SGDINR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.0355 51.1490 50.8580 51.1200 +0.0845
Prev. Close Volume Bid Ask Time
51.0355 51.0680 51.1720 2019-03-20 21:19:05
Want to analyze Singapore Dollar/Indian Rupee SGDINR or another symbol? Try our Free Forex Trend Analysis Report.