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Forex Trend Analysis Report

Prepared for you on Thursday, March 22, 2018.

Euro/Singapore Dollar (FOREX:EURSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

Open High Low EURSGD Price Change
1.62290 1.62550 1.61822 1.62105 -0.00185
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term up The long term trend has been UP since Jan 12th, 2018 at 1.61065

intermediate term down The intermediate term trend has been DOWN since Feb 25th, 2018 at 1.62203

short term down The short term trend has been DOWN since Mar 20th, 2018 at 1.61615

Smart Scan Analysis for EURSGD

Based on a pre-defined weighted trend formula for chart analysis, EURSGD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.62290 1.62550 1.61822 1.62105 -0.00185
Prev. Close Volume Bid Ask Time
1.62290 1.62080 1.62130 2018-03-22 17:41:02
Want to analyze Euro/Singapore Dollar EURSGD or another symbol? Try our Free Forex Trend Analysis Report.