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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_SGDEUR
Open High Low SGDEUR Price Change
0.625215 0.626685 0.624300 0.625570 +0.000355
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long term trend has been UP since Nov 1st, 2017 at 0.632005

intermediate term up The intermediate term trend has been UP since Oct 27th, 2017 at 0.628755

short term down The short term trend has been DOWN since Nov 10th, 2017 at 0.631250

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.625215 0.626685 0.624300 0.625570 +0.000355
Prev. Close Volume Bid Ask Time
0.625525 0.625460 0.625680 2017-11-17 18:37:55
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