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Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SGDKRW
Open High Low SGDKRW Price Change
808.940 809.310 802.885 803.625 -5.315
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term down The long term trend has been DOWN since Nov 1st, 2017 at 819.325

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2017 at 836.750

short term down The short term trend has been DOWN since Nov 14th, 2017 at 820.845

Smart Scan Analysis for SGDKRW

Based on a pre-defined weighted trend formula for chart analysis, SGDKRW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
808.940 809.310 802.885 803.625 -5.315
Prev. Close Volume Bid Ask Time
808.940 802.680 804.570 2017-11-21 10:16:05
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.