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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

British Pound/Singapore Dollar (FOREX:GBPSGD)

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_GBPSGD
Open High Low GBPSGD Price Change
1.729500 1.734755 1.729200 1.734470 +0.004970
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 1.74746

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 1.78072

short term down The short term trend has been DOWN since Dec 10th, 2018 at 1.74082

Smart Scan Analysis for GBPSGD

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

-90
Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.729500 1.734755 1.729200 1.734470 +0.004970
Prev. Close Volume Bid Ask Time
1.729500 1.734190 1.734750 2018-12-13 03:58:53
Want to analyze British Pound/Singapore Dollar GBPSGD or another symbol? Try our Free Forex Trend Analysis Report.