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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)

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_SGDCAD
Open High Low SGDCAD Price Change
0.974300 0.974940 0.970940 0.971425 -0.002875
Entry Signal

MarketClub’s Trade Triangles for SGDCAD

long term up The long term trend has been UP since Nov 14th, 2018 at 0.961225

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 0.953145

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.971265

Smart Scan Analysis for SGDCAD

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

+75
Smart Scan Analysis for SGDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.974300 0.974940 0.970940 0.971425 -0.002875
Prev. Close Volume Bid Ask Time
0.974300 0.971100 0.971750 2018-12-14 21:51:18
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