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Forex Trend Analysis Report

Prepared for you on Saturday, June 24, 2017.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

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_SGDIDR
Open High Low SGDIDR Price Change
9582.2 9582.2 9582.2 9582.2 0.0
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 down The intermediate term trend has been DOWN since Jun 21st, 2017 at 9566.15

short term down The short term trend has been DOWN since Jun 16th, 2017 at 9600.80

Smart Scan Analysis for SGDIDR

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

-70
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9582.2 9582.2 9582.2 9582.2 0.0
Prev. Close Volume Bid Ask Time
9582.2 9434.1 9730.3 2017-06-24 11:22:52
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