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Forex Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low IDRSGD Price Change
0.00960 0.00961 0.00957 0.00957 -0.00003
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 0.009845

intermediate term down The intermediate term trend has been DOWN since Jan 25th, 2018 at 0.009800

short term up The short term trend has been UP since Mar 16th, 2018 at 0.009590

Smart Scan Analysis for IDRSGD

Based on a pre-defined weighted trend formula for chart analysis, IDRSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00960 0.00961 0.00957 0.00957 -0.00003
Prev. Close Volume Bid Ask Time
0.00960 0.00956 0.00958 2018-03-20 11:47:48
Want to analyze Indonesian Rupiah/Singapore Dollar IDRSGD or another symbol? Try our Free Forex Trend Analysis Report.