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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Singapore Dollar/Icelandic Krona (FOREX:SGDISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SGDISK Price Change
89.1890 89.3760 89.0580 89.2875 +0.0985
Entry Signal

MarketClub’s Trade Triangles for SGDISK

long term up The long term trend has been UP since May 16th, 2018 at 77.2852

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 89.1480

short term down The short term trend has been DOWN since Jan 17th, 2019 at 88.9945

Smart Scan Analysis for SGDISK

Based on a pre-defined weighted trend formula for chart analysis, SGDISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.1890 89.3760 89.0580 89.2875 +0.0985
Prev. Close Volume Bid Ask Time
89.1890 89.0340 89.5410 2019-01-18 13:07:50
Want to analyze Singapore Dollar/Icelandic Krona SGDISK or another symbol? Try our Free Forex Trend Analysis Report.