Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Singapore Dollar/Indian Rupee (FOREX:SGDINR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
52.8710 53.2580 52.8710 53.2355 +0.3645
Entry Signal

MarketClub’s Trade Triangles for SGDINR

long term up The long term trend has been UP since Jul 18th, 2017 at 47.0680

intermediate term up The intermediate term trend has been UP since Aug 13th, 2018 at 50.6885

short term up The short term trend has been UP since Sep 24th, 2018 at 53.0840

Smart Scan Analysis for SGDINR

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

+100
Smart Scan Analysis for SGDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.8710 53.2580 52.8710 53.2355 +0.3645
Prev. Close Volume Bid Ask Time
52.8710 53.2050 53.2660 2018-09-24 07:16:21
Want to analyze Singapore Dollar/Indian Rupee SGDINR or another symbol? Try our Free Forex Trend Analysis Report.