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Forex Trend Analysis Report

Prepared for you on Sunday, August 7, 2022.

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
12.963805 12.995930 12.956791 12.973348 +0.009543
Entry Signal

MarketClub’s Trade Triangles for SGDTRY

long term up The long-term trend has been UP since Oct 8th, 2021 at 6.5797092

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 12.5201140

short term down The short-term trend has been DOWN since Aug 7th, 2022 at 12.9634970

Smart Scan Analysis for SGDTRY

Based on our trend formula, SGDTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.963805 12.995930 12.956791 12.973348 +0.009543
Prev. Close Volume Bid Ask Time
12.963805 2022-08-07 23:32:27
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