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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

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_INRSGD
Open High Low INRSGD Price Change
0.019405 0.019429 0.019290 0.019319 -0.000086
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 up The intermediate term trend has been UP since Nov 2nd, 2018 at 0.018897

short term up The short term trend has been UP since Dec 7th, 2018 at 0.019425

Smart Scan Analysis for INRSGD

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

-60
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019405 0.019429 0.019290 0.019319 -0.000086
Prev. Close Volume Bid Ask Time
0.019405 0.019300 0.019338 2018-12-07 18:06:42
Want to analyze Indian Rupee/Singapore Dollar INRSGD or another symbol? Try our Free Forex Trend Analysis Report.