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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Singapore Dollar/Japanese Yen (FOREX:SGDJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
81.4595 81.7705 81.4485 81.7395 +0.2800
Entry Signal

MarketClub’s Trade Triangles for SGDJPY

long term up The long term trend has been UP since Sep 27th, 2018 at 82.8530

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 81.2300

short term up The short term trend has been UP since Oct 16th, 2018 at 81.8205

Smart Scan Analysis for SGDJPY

Based on a pre-defined weighted trend formula for chart analysis, SGDJPY scored +55 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
81.4595 81.7705 81.4485 81.7395 +0.2800
Prev. Close Volume Bid Ask Time
81.4595 81.7270 81.7520 2018-10-19 16:32:25
Want to analyze Singapore Dollar/Japanese Yen SGDJPY or another symbol? Try our Free Forex Trend Analysis Report.