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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Singapore Dollar/Australian Dollar (FOREX:SGDAUD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_SGDAUD
Open High Low SGDAUD Price Change
1.02127 1.02488 1.01966 1.02488 +0.00361
Entry Signal

MarketClub’s Trade Triangles for SGDAUD

long term up The long term trend has been UP since Oct 25th, 2017 at 0.954830

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 0.995425

short term up The short term trend has been UP since Oct 21st, 2018 at 1.021985

Smart Scan Analysis for SGDAUD

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

+100
Smart Scan Analysis for SGDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.02127 1.02488 1.01966 1.02488 +0.00361
Prev. Close Volume Bid Ask Time
1.02127 1.02472 1.02504 2018-10-22 21:42:23
Want to analyze Singapore Dollar/Australian Dollar SGDAUD or another symbol? Try our Free Forex Trend Analysis Report.