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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
11002.45 11002.45 11002.45 11002.45 0.00
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term up The long term trend has been UP since Aug 8th, 2018 at 10691.30

intermediate term up The intermediate term trend has been UP since Sep 2nd, 2018 at 10803.90

short term down The short term trend has been DOWN since Oct 19th, 2018 at 10982.95

Smart Scan Analysis for SGDIDR

Based on a pre-defined weighted trend formula for chart analysis, SGDIDR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11002.45 11002.45 11002.45 11002.45 0.00
Prev. Close Volume Bid Ask Time
11002.45 10999.30 11005.60 2018-10-20 17:35:40
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