Forex Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
South Korean Won/Singapore Dollar (FOREX:KRWSGD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 KRWSGD
The long term trend has been UP since Oct 1st, 2018 at 0.001235
The intermediate term trend has been DOWN since Oct 10th, 2018 at 0.001216
The short term trend has been UP since Oct 15th, 2018 at 0.001220
Smart Scan Analysis for KRWSGD
Based on a pre-defined weighted trend formula for chart analysis, KRWSGD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).