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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Singapore Dollar/Canadian Dollar (FOREX:SGDCAD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_SGDCAD
Open High Low SGDCAD Price Change
0.97934 0.98411 0.97682 0.97682 -0.00252
Entry Signal

MarketClub’s Trade Triangles for SGDCAD

long term up The long term trend has been UP since Oct 30th, 2017 at 0.943460

intermediate term up The intermediate term trend has been UP since May 28th, 2018 at 0.970370

short term up The short term trend has been UP since Jun 20th, 2018 at 0.979765

Smart Scan Analysis for SGDCAD

Based on a pre-defined weighted trend formula for chart analysis, SGDCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SGDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.97934 0.98411 0.97682 0.97682 -0.00252
Prev. Close Volume Bid Ask Time
0.97934 0.97665 0.97699 2018-06-22 17:09:14
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