Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Singapore Dollar/Japanese Yen (FOREX:SGDJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_SGDJPY
Open High Low SGDJPY Price Change
80.2585 80.4040 79.9180 80.1370 -0.1215
Entry Signal

MarketClub’s Trade Triangles for SGDJPY

long term down The long term trend has been DOWN since Dec 24th, 2018 at 80.2665

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2018 at 81.9145

short term up The short term trend has been UP since Jan 15th, 2019 at 80.2850

Smart Scan Analysis for SGDJPY

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

-75
Smart Scan Analysis for SGDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.2585 80.4040 79.9180 80.1370 -0.1215
Prev. Close Volume Bid Ask Time
80.2585 80.1230 80.1510 2019-01-15 19:13:01
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