Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Singapore Dollar/Swiss Franc (FOREX:SGDCHF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SGDCHF
Open High Low SGDCHF Price Change
0.739435 0.739435 0.739435 0.739435 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDCHF

long term up The long term trend has been UP since Apr 27th, 2018 at 0.745645

intermediate term down The intermediate term trend has been DOWN since May 21st, 2018 at 0.741315

short term down The short term trend has been DOWN since May 15th, 2018 at 0.747315

Smart Scan Analysis for SGDCHF

Based on a pre-defined weighted trend formula for chart analysis, SGDCHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SGDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.739435 0.739435 0.739435 0.739435 0.000000
Prev. Close Volume Bid Ask Time
0.739435 0.739340 0.739530 2018-05-26 20:23:41
Want to analyze Singapore Dollar/Swiss Franc SGDCHF or another symbol? Try our Free Forex Trend Analysis Report.