Forex Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for IDRSGD
The long term trend has been UP since Nov 28th, 2018 at 0.009528
The intermediate term trend has been UP since Nov 2nd, 2018 at 0.009144
The short term trend has been DOWN since Dec 4th, 2018 at 0.009523
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).