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Forex Trend Analysis Report
Prepared for you on Friday, June 13, 2025.
Singapore Dollar/Malaysian Ringt (FOREX:SGDMYR)
Weak Downtrend (-65) - SGDMYR is showing signs of a strengthening downtrend. Monitor SGDMYR as it may be building momentum to the downside.
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 DOWN since May 4th, 2025 at 3.2659720
The intermediate-term trend has been DOWN since May 2nd, 2025 at 3.2856878
The short-term trend has been UP since Jun 11th, 2025 at 3.2972464
Smart Scan Analysis for SGDMYR
Based on our trend formula, SGDMYR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3111441 | 3.3132425 | 3.3085240 | 3.3100319 | -0.0011120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3111441 | 2025-06-13 05:41:13 |