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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

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.

Open High Low SGDIDR Price Change
10115.15 10120.80 10075.00 10095.00 -20.15
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term down The long term trend has been DOWN since Oct 20th, 2017 at 9606.25

intermediate term up The intermediate term trend has been UP since Oct 26th, 2017 at 10027.00

short term up The short term trend has been UP since Dec 12th, 2017 at 10052.50

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).

Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10115.15 10120.80 10075.00 10095.00 -20.15
Prev. Close Volume Bid Ask Time
10115.15 10092.00 10098.00 2017-12-15 18:35:32
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