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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 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.

FOREX_SGDKRW
Open High Low SGDKRW Price Change
819.090 821.325 818.145 820.540 +1.450
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 down The intermediate term trend has been DOWN since Dec 2nd, 2018 at 814.945

short term up The short term trend has been UP since Dec 6th, 2018 at 817.485

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
819.090 821.325 818.145 820.540 +1.450
Prev. Close Volume Bid Ask Time
819.090 819.580 821.500 2018-12-13 10:15:58
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.