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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Canadian Dollar/Singapore Dollar (FOREX:CADSGD)

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_CADSGD
Open High Low CADSGD Price Change
1.04450 1.04450 1.03855 1.04390 -0.00060
Entry Signal

MarketClub’s Trade Triangles for CADSGD

long term down The long term trend has been DOWN since Nov 14th, 2018 at 1.04025

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 1.04919

short term down The short term trend has been DOWN since Nov 13th, 2018 at 1.04220

Smart Scan Analysis for CADSGD

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

-90
Smart Scan Analysis for CADSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.04450 1.04450 1.03855 1.04390 -0.00060
Prev. Close Volume Bid Ask Time
1.04450 1.04330 1.04450 2018-11-17 23:15:41
Want to analyze Canadian Dollar/Singapore Dollar CADSGD or another symbol? Try our Free Forex Trend Analysis Report.