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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_SGDINR
Open High Low SGDINR Price Change
50.3500 50.3795 50.2195 50.2680 -0.0820
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long term trend has been UP since Jul 18th, 2017 at 47.068

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2018 at 49.917

short term up The short term trend has been UP since Jul 16th, 2018 at 50.414

Smart Scan Analysis for SGDINR

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

+55
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.3500 50.3795 50.2195 50.2680 -0.0820
Prev. Close Volume Bid Ask Time
50.3500 50.2380 50.2980 2018-07-17 07:16:13
Want to analyze Singapore Dollar/Indian Rupee SGDINR or another symbol? Try our Free Forex Trend Analysis Report.