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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low SGDGBP Price Change
0.55494 0.55531 0.55463 0.55529 +0.00035
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.550435

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.562155

short term down The short term trend has been DOWN since Sep 5th, 2018 at 0.562240

Smart Scan Analysis for SGDGBP

Based on a pre-defined weighted trend formula for chart analysis, SGDGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55494 0.55531 0.55463 0.55529 +0.00035
Prev. Close Volume Bid Ask Time
0.55494 0.55521 0.55537 2018-09-19 03:14:15
Want to analyze Singapore Dollar/British Pound SGDGBP or another symbol? Try our Free Forex Trend Analysis Report.