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Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_SGDIDR
Open High Low SGDIDR Price Change
9791.40 9796.05 9782.50 9792.25 +0.85
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term up The long term trend has been UP since May 18th, 2017 at 9620.75

intermediate term up The intermediate term trend has been UP since Jun 29th, 2017 at 9666.95

short term down The short term trend has been DOWN since Aug 16th, 2017 at 9762.35

Smart Scan Analysis for SGDIDR

Based on a pre-defined weighted trend formula for chart analysis, SGDIDR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9791.40 9796.05 9782.50 9792.25 +0.85
Prev. Close Volume Bid Ask Time
9791.4 9648.80 9935.70 2017-08-20 20:51:27
Want to analyze Singapore Dollar/Indonesian Rupiah SGDIDR or another symbol? Try our Free Forex Trend Analysis Report.