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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Singapore Dollar/Pakistani Rupee (FOREX:SGDPKR)
Long-Term Downtrend (-90) - SGDPKR is in a strong downtrend that is likely to continue. While SGDPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SGDPKR
The long-term trend has been DOWN since Oct 12th, 2023 at 204.38353
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 207.82960
The short-term trend has been DOWN since Apr 10th, 2024 at 206.12669
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.63647 | 204.63647 | 204.61889 | 204.61889 | -0.01758 |
| Prev. Close | Volume | Bid | Ask | Time |
| 204.63647 | 2024-04-19 12:55:13 |