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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.639040 0.639345 0.636985 0.636985 -0.002055
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 up The intermediate term trend has been UP since Jul 27th, 2018 at 0.630785

short term down The short term trend has been DOWN since Aug 17th, 2018 at 0.637145

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.639040 0.639345 0.636985 0.636985 -0.002055
Prev. Close Volume Bid Ask Time
0.639040 0.636660 0.637310 2018-08-17 18:33:28
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