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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_IDRSGD
Open High Low IDRSGD Price Change
0.009885 0.009920 0.009880 0.009905 +0.000020
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term up The long term trend has been UP since Sep 25th, 2017 at 0.010555

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 0.010040

short term down The short term trend has been DOWN since Dec 12th, 2017 at 0.009940

Smart Scan Analysis for IDRSGD

Based on a pre-defined weighted trend formula for chart analysis, IDRSGD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009885 0.009920 0.009880 0.009905 +0.000020
Prev. Close Volume Bid Ask Time
0.009885 0.009900 0.009910 2017-12-15 12:24:08
Want to analyze Indonesian Rupiah/Singapore Dollar IDRSGD or another symbol? Try our Free Forex Trend Analysis Report.