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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SGDKRW Price Change
817.880 819.140 816.605 818.090 +0.210
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long term trend has been UP since Jul 10th, 2018 at 823.850

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2018 at 818.265

short term down The short term trend has been DOWN since Aug 14th, 2018 at 822.175

Smart Scan Analysis for SGDKRW

Based on a pre-defined weighted trend formula for chart analysis, SGDKRW scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
817.880 819.140 816.605 818.090 +0.210
Prev. Close Volume Bid Ask Time
817.880 817.140 819.040 2018-08-21 21:20:23
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.