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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Singapore Dollar/Turkish Lira (FOREX:SGDTRY)

Bull Market Weakness (+75) - SGDTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDTRY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_SGDTRY
Open High Low SGDTRY Price Change
25.801896 25.801896 25.801896 25.801896 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDTRY

long term up The long-term trend has been UP since Dec 29th, 2021 at 9.342170

intermediate term up The intermediate-term trend has been UP since Dec 20th, 2024 at 26.064773

short term up The short-term trend has been UP since Dec 20th, 2024 at 25.979406

Smart Scan Analysis for SGDTRY

Based on our trend formula, SGDTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.801896 25.801896 25.801896 25.801896 0.000000
Prev. Close Volume Bid Ask Time
25.801896 2024-12-21 08:23:58
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