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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

British Pound/Singapore Dollar (FOREX:GBPSGD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.

FOREX_GBPSGD
Open High Low GBPSGD Price Change
1.80910 1.81970 1.80860 1.81434 +0.00524
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term up The long term trend has been UP since Sep 20th, 2018 at 1.810650

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 1.778875

short term down The short term trend has been DOWN since Oct 14th, 2018 at 1.812190

Smart Scan Analysis for GBPSGD

Based on a pre-defined weighted trend formula for chart analysis, GBPSGD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.80910 1.81970 1.80860 1.81434 +0.00524
Prev. Close Volume Bid Ask Time
1.80910 1.81408 1.81460 2018-10-16 12:54:51
Want to analyze British Pound/Singapore Dollar GBPSGD or another symbol? Try our Free Forex Trend Analysis Report.