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.
MarketClub’s Trade Triangles for SGDCAD
The long term trend has been UP since Oct 30th, 2017 at 0.943460
The intermediate term trend has been UP since May 28th, 2018 at 0.970370
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).