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Forex Trend Analysis Report
Prepared for you on Sunday, April 13, 2025.
Singapore Dollar/Malaysian Ringt (FOREX:SGDMYR)
Strong Uptrend (+100) - SGDMYR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDMYR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDMYR.
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 SGDMYR
The long-term trend has been UP since Nov 4th, 2024 at 3.4177012
The intermediate-term trend has been UP since Apr 9th, 2025 at 3.3415427
The short-term trend has been UP since Apr 8th, 2025 at 3.3283901
Smart Scan Analysis for SGDMYR
Based on our trend formula, SGDMYR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3511785 | 3.3651447 | 3.3501251 | 3.3624099 | +0.0112310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3511785 | 2025-04-13 22:33:42 |