Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Singapore Dollar/Euro (FOREX:SGDEUR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for SGDEUR
The long term trend has been UP since Nov 9th, 2018 at 0.640575
The intermediate term trend has been UP since Sep 28th, 2018 at 0.629310
The short term trend has been UP since Dec 11th, 2018 at 0.642590
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).