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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Argentine Peso/Singapore Dollar (FOREX:ARSSGD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSSGD
Open High Low ARSSGD Price Change
0.069970 0.070095 0.069945 0.070080 +0.000110
Entry Signal

MarketClub’s Trade Triangles for ARSSGD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.088745

intermediate term down The intermediate term trend has been DOWN since Dec 15th, 2017 at 0.077085

short term down The short term trend has been DOWN since Jan 15th, 2018 at 0.070675

Smart Scan Analysis for ARSSGD

Based on a pre-defined weighted trend formula for chart analysis, ARSSGD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ARSSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.069970 0.070095 0.069945 0.070080 +0.000110
Prev. Close Volume Bid Ask Time
0.069970 0.070070 0.070090 2018-01-17 09:34:07
Want to analyze Argentine Peso/Singapore Dollar ARSSGD or another symbol? Try our Free Forex Trend Analysis Report.