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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Euro/Singapore Dollar (FOREX:EURSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_EURSGD
Open High Low EURSGD Price Change
1.557300 1.557335 1.555350 1.556500 -0.000800
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 1.561145

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 1.589200

short term down The short term trend has been DOWN since Dec 11th, 2018 at 1.556455

Smart Scan Analysis for EURSGD

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

-100
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.557300 1.557335 1.555350 1.556500 -0.000800
Prev. Close Volume Bid Ask Time
1.557300 1.556400 1.556600 2018-12-16 21:13:39
Want to analyze Euro/Singapore Dollar EURSGD or another symbol? Try our Free Forex Trend Analysis Report.