Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
Singapore Dollar/Turkish Lira (FOREX:SGDTRY)
Crossroads (+60) - SGDTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDTRY
The long-term trend has been DOWN since Dec 24th, 2024 at 25.465993
The intermediate-term trend has been UP since Dec 25th, 2024 at 26.122546
The short-term trend has been UP since Jan 19th, 2025 at 26.066325
Smart Scan Analysis for SGDTRY
Based on our trend formula, SGDTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.308913 | 26.411940 | 26.241992 | 26.302724 | -0.006189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.308913 | 2025-01-22 18:52:13 |