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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_SGDEUR
Open High Low SGDEUR Price Change
0.618305 0.619855 0.616950 0.619450 +0.001145
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term down The long term trend has been DOWN since Jan 12th, 2018 at 0.620925

intermediate term down The intermediate term trend has been DOWN since Dec 29th, 2017 at 0.624300

short term down The short term trend has been DOWN since Jan 10th, 2018 at 0.625000

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.618305 0.619855 0.616950 0.619450 +0.001145
Prev. Close Volume Bid Ask Time
0.619445 0.617360 0.621540 2018-01-19 18:38:16
Want to analyze Singapore Dollar/Euro SGDEUR or another symbol? Try our Free Forex Trend Analysis Report.