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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

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.

FOREX_SGDKRW
Open High Low SGDKRW Price Change
821.995 822.775 819.135 821.230 -0.765
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term down The long term trend has been DOWN since Oct 1st, 2018 at 809.750

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 822.025

short term down The short term trend has been DOWN since Oct 15th, 2018 at 819.940

Smart Scan Analysis for SGDKRW

Based on a pre-defined weighted trend formula for chart analysis, SGDKRW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
821.995 822.775 819.135 821.230 -0.765
Prev. Close Volume Bid Ask Time
821.995 820.280 822.180 2018-10-22 14:22:20
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.