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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_SGDEUR
Open High Low SGDEUR Price Change
0.620080 0.622645 0.618395 0.621785 +0.001705
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term down The long term trend has been DOWN since May 4th, 2017 at 0.654665

intermediate term up The intermediate term trend has been UP since Sep 20th, 2017 at 0.623805

short term up The short term trend has been UP since Sep 20th, 2017 at 0.623740

Smart Scan Analysis for SGDEUR

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

+60
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.620080 0.622645 0.618395 0.621785 +0.001705
Prev. Close Volume Bid Ask Time
0.620080 0.621680 0.621890 2017-09-22 18:37:28
Want to analyze Singapore Dollar/Euro SGDEUR or another symbol? Try our Free Forex Trend Analysis Report.