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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SGDKRW Price Change
814.920 815.425 813.810 814.335 -0.585
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long term trend has been UP since Feb 2nd, 2018 at 824.890

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2018 at 811.935

short term up The short term trend has been UP since Feb 20th, 2018 at 815.040

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).

Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
814.920 815.425 813.810 814.335 -0.585
Prev. Close Volume Bid Ask Time
814.920 813.410 815.260 2018-02-21 04:17:42
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.