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Forex Trend Analysis Report
Prepared for you on Wednesday, July 30, 2025.
Singapore Dollar/Malaysian Ringt (FOREX:SGDMYR)
Strong Downtrend (-100) - SGDMYR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGDMYR continues to fall. Traders should use caution and set stops.
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 Jul 27th, 2025 at 3.2969730
The short-term trend has been DOWN since Jul 24th, 2025 at 3.2976891
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 |
|---|---|---|---|---|
| 3.2907695 | 3.2938920 | 3.2907695 | 3.2937258 | +0.0029560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2907695 | 2025-07-30 05:51:23 |