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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 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
0.010260 0.010260 0.010195 0.010250 -0.000010
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.010395

intermediate term down The intermediate term trend has been DOWN since Jun 30th, 2017 at 0.010340

short term up The short term trend has been UP since Aug 16th, 2017 at 0.010245

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
0.010260 0.010260 0.010195 0.010250 -0.000010
Prev. Close Volume Bid Ask Time
0.010260 0.010250 0.010250 2017-08-17 15:07:10
Want to analyze Indonesian Rupiah/Singapore Dollar IDRSGD or another symbol? Try our Free Forex Trend Analysis Report.