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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.56082 0.56216 0.55951 0.56117 +0.00035
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long term trend has been UP since Nov 25th, 2015 at 0.471975

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

short term up The short term trend has been UP since Apr 23rd, 2017 at 0.560840

Smart Scan Analysis for SGDGBP

Based on a pre-defined weighted trend formula for chart analysis, SGDGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56082 0.56216 0.55951 0.56117 +0.00035
Prev. Close Volume Bid Ask Time
0.56082 0.56109 0.56125 2017-04-24 16:50:58
Want to analyze Singapore Dollar/British Pound SGDGBP or another symbol? Try our Free Forex Trend Analysis Report.