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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.010045 0.010045 0.010045 0.010045 0.000000
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 up The short term trend has been UP since Oct 17th, 2017 at 0.010040

Smart Scan Analysis for IDRSGD

Based on a pre-defined weighted trend formula for chart analysis, IDRSGD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010045 0.010045 0.010045 0.010045 0.000000
Prev. Close Volume Bid Ask Time
0.010045 0.010040 0.010050 2017-10-21 18:58:51
Want to analyze Indonesian Rupiah/Singapore Dollar IDRSGD or another symbol? Try our Free Forex Trend Analysis Report.