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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Singapore Dollar/New Zealand Dollar (FOREX:SGDNZD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 SGDNZD Price Change
1.090740 1.095635 1.088340 1.091355 +0.000615
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term down The long term trend has been DOWN since Nov 6th, 2018 at 1.078840

intermediate term up The intermediate term trend has been UP since Dec 19th, 2018 at 1.076845

short term up The short term trend has been UP since Jan 16th, 2019 at 1.086330

Smart Scan Analysis for SGDNZD

Based on a pre-defined weighted trend formula for chart analysis, SGDNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.090740 1.095635 1.088340 1.091355 +0.000615
Prev. Close Volume Bid Ask Time
1.090740 1.091070 1.091640 2019-01-17 19:56:41
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