Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 17, 2017.

Singapore Dollar/Japanese Yen (FOREX:SGDJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
82.7275 82.7535 82.7078 82.7270 -0.0005
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 down The intermediate term trend has been DOWN since Oct 8th, 2017 at 82.3860

short term down The short term trend has been DOWN since Oct 13th, 2017 at 82.6474

Smart Scan Analysis for SGDJPY

Based on a pre-defined weighted trend formula for chart analysis, SGDJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.7275 82.7535 82.7078 82.7270 -0.0005
Prev. Close Volume Bid Ask Time
82.7275 82.7170 82.7370 2017-10-17 01:51:37
Want to analyze Singapore Dollar/Japanese Yen SGDJPY or another symbol? Try our Free Forex Trend Analysis Report.