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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Singapore Dollar/Japanese Yen (FOREX:SGDJPY)

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 SGDJPY Price Change
83.3725 83.6250 83.2490 83.4945 +0.1220
Entry Signal

MarketClub’s Trade Triangles for SGDJPY

long term up The long term trend has been UP since Jun 29th, 2017 at 81.4435

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2017 at 83.7450

short term down The short term trend has been DOWN since Dec 13th, 2017 at 83.8225

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).

Smart Scan Analysis for SGDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.3725 83.6250 83.2490 83.4945 +0.1220
Prev. Close Volume Bid Ask Time
83.3725 83.3420 83.6470 2017-12-15 18:39:03
Want to analyze Singapore Dollar/Japanese Yen SGDJPY or another symbol? Try our Free Forex Trend Analysis Report.