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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

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 INRSGD Price Change
0.01988 0.02007 0.01988 0.01991 +0.00003
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long term trend has been DOWN since Jan 12th, 2018 at 0.020805

intermediate term down The intermediate term trend has been DOWN since Apr 11th, 2018 at 0.020050

short term up The short term trend has been UP since Apr 23rd, 2018 at 0.019990

Smart Scan Analysis for INRSGD

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

Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01988 0.02007 0.01988 0.01991 +0.00003
Prev. Close Volume Bid Ask Time
0.01988 0.01989 0.01993 2018-04-23 19:04:36
Want to analyze Indian Rupee/Singapore Dollar INRSGD or another symbol? Try our Free Forex Trend Analysis Report.