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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.631805 0.633230 0.631610 0.632570 +0.000765
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term down The long term trend has been DOWN since Sep 5th, 2018 at 0.625155

intermediate term up The intermediate term trend has been UP since Sep 28th, 2018 at 0.629310

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 0.629685

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.631805 0.633230 0.631610 0.632570 +0.000765
Prev. Close Volume Bid Ask Time
0.631805 0.632510 0.632630 2018-10-23 16:36:26
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