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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Singapore Dollar/Australian Dollar (FOREX:SGDAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_SGDAUD
Open High Low SGDAUD Price Change
0.998695 0.999125 0.997700 0.998135 -0.000560
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 down The short term trend has been DOWN since Aug 17th, 2018 at 0.998760

Smart Scan Analysis for SGDAUD

Based on a pre-defined weighted trend formula for chart analysis, SGDAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SGDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.998695 0.999125 0.997700 0.998135 -0.000560
Prev. Close Volume Bid Ask Time
0.998695 0.997980 0.998290 2018-08-20 03:28:10
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