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Forex Trend Analysis Report

Prepared for you on Monday, May 22, 2017.

Singapore Dollar/British Pound (FOREX:SGDGBP)

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_SGDGBP
Open High Low SGDGBP Price Change
0.554790 0.555840 0.553635 0.555000 +0.000210
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term down The long term trend has been DOWN since Apr 27th, 2017 at 0.555090

intermediate term down The intermediate term trend has been DOWN since Mar 23rd, 2017 at 0.570385

short term down The short term trend has been DOWN since May 18th, 2017 at 0.551535

Smart Scan Analysis for SGDGBP

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

-70
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.554790 0.555840 0.553635 0.555000 +0.000210
Prev. Close Volume Bid Ask Time
0.554790 0.554910 0.555090 2017-05-22 21:01:04
Want to analyze Singapore Dollar/British Pound SGDGBP or another symbol? Try our Free Forex Trend Analysis Report.