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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_SGDAED
Open High Low SGDAED Price Change
2.6774 2.6774 2.6669 2.6693 -0.0081
Entry Signal

MarketClub’s Trade Triangles for SGDAED

long term down The long term trend has been DOWN since May 2nd, 2018 at 2.7567

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 2.6744

short term down The short term trend has been DOWN since Dec 5th, 2018 at 2.6858

Smart Scan Analysis for SGDAED

Based on a pre-defined weighted trend formula for chart analysis, SGDAED scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SGDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6774 2.6774 2.6669 2.6693 -0.0081
Prev. Close Volume Bid Ask Time
2.6774 2.6677 2.6709 2018-12-14 18:05:30
Want to analyze Singapore Dollar/United Arab Emirates Dirham SGDAED or another symbol? Try our Free Forex Trend Analysis Report.