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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.02065 0.02072 0.02065 0.02069 +0.00004
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 Jan 12th, 2018 at 0.020820

short term down The short term trend has been DOWN since Jan 10th, 2018 at 0.020925

Smart Scan Analysis for INRSGD

Based on a pre-defined weighted trend formula for chart analysis, INRSGD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02065 0.02072 0.02065 0.02069 +0.00004
Prev. Close Volume Bid Ask Time
0.02065 0.02067 0.02071 2018-01-19 02:31:31
Want to analyze Indian Rupee/Singapore Dollar INRSGD or another symbol? Try our Free Forex Trend Analysis Report.