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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_SGDUSD
Open High Low SGDUSD Price Change
0.73217 0.73330 0.73120 0.73170 -0.00047
Entry Signal

MarketClub’s Trade Triangles for SGDUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.749655

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.724160

short term up The short term trend has been UP since Sep 12th, 2018 at 0.727300

Smart Scan Analysis for SGDUSD

Based on a pre-defined weighted trend formula for chart analysis, SGDUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.73217 0.73330 0.73120 0.73170 -0.00047
Prev. Close Volume Bid Ask Time
0.73217 0.73160 0.73180 2018-09-24 19:41:18
Want to analyze Singapore Dollar/US Dollar SGDUSD or another symbol? Try our Free Forex Trend Analysis Report.