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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

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_SGDARS
Open High Low SGDARS Price Change
26.494 26.494 26.494 26.494 0.000
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long term trend has been UP since May 18th, 2017 at 11.265

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 27.059

short term down The short term trend has been DOWN since Oct 16th, 2018 at 26.185

Smart Scan Analysis for SGDARS

Based on a pre-defined weighted trend formula for chart analysis, SGDARS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.494 26.494 26.494 26.494 0.000
Prev. Close Volume Bid Ask Time
26.494 26.491 26.497 2018-10-20 08:58:02
Want to analyze Singapore Dollar/Argentine Peso SGDARS or another symbol? Try our Free Forex Trend Analysis Report.