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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
0.634195 0.634720 0.630955 0.630995 -0.003200
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long term trend has been UP since May 1st, 2018 at 0.625410

intermediate term down The intermediate term trend has been DOWN since Jun 22nd, 2018 at 0.633350

short term down The short term trend has been DOWN since Jun 14th, 2018 at 0.634115

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.634195 0.634720 0.630955 0.630995 -0.003200
Prev. Close Volume Bid Ask Time
0.634195 0.630680 0.631310 2018-06-22 18:04:17
Want to analyze Singapore Dollar/Euro SGDEUR or another symbol? Try our Free Forex Trend Analysis Report.