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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)

Long-Term Uptrend (+90) - SGDPKR is in a strong uptrend that is likely to continue. While SGDPKR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SGDPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGDPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SGDPKR
Open High Low SGDPKR Price Change
122.76306 122.76306 122.76306 122.76306 0.00000
Entry Signal

MarketClub’s Trade Triangles for SGDPKR

long term up The long-term trend has been UP since Mar 27th, 2020 at 115.23531

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 113.59615

short term up The short-term trend has been UP since Aug 6th, 2020 at 121.25936

Smart Scan Analysis for SGDPKR

Based on our trend formula, SGDPKR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.76306 122.76306 122.76306 122.76306 0.00000
Prev. Close Volume Bid Ask Time
122.76306 122.47172 123.05440 2020-08-07 11:16:41
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