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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.009451 0.009458 0.009445 0.009455 +0.000004
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term up The long term trend has been UP since Jun 17th, 2018 at 0.009710

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.009450

short term down The short term trend has been DOWN since Jul 17th, 2018 at 0.009462

Smart Scan Analysis for IDRSGD

Based on a pre-defined weighted trend formula for chart analysis, IDRSGD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009451 0.009458 0.009445 0.009455 +0.000004
Prev. Close Volume Bid Ask Time
0.009451 0.009450 0.009460 2018-07-18 02:34:12
Want to analyze Indonesian Rupiah/Singapore Dollar IDRSGD or another symbol? Try our Free Forex Trend Analysis Report.