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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Singapore Dollar/New Zealand Dollar (FOREX:SGDNZD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_SGDNZD
Open High Low SGDNZD Price Change
1.054450 1.054895 1.050635 1.053980 -0.000470
Entry Signal

MarketClub’s Trade Triangles for SGDNZD

long term up The long term trend has been UP since Sep 1st, 2017 at 1.030490

intermediate term up The intermediate term trend has been UP since Oct 5th, 2017 at 1.030300

short term up The short term trend has been UP since Oct 18th, 2017 at 1.033705

Smart Scan Analysis for SGDNZD

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

+100
Smart Scan Analysis for SGDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.054450 1.054895 1.050635 1.053980 -0.000470
Prev. Close Volume Bid Ask Time
1.054450 1.053710 1.054250 2017-10-23 14:52:39
Want to analyze Singapore Dollar/New Zealand Dollar SGDNZD or another symbol? Try our Free Forex Trend Analysis Report.