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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

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_SGDUSD
Open High Low SGDUSD Price Change
0.73207 0.73490 0.73207 0.73465 +0.00258
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 Jun 15th, 2018 at 0.741600

short term up The short term trend has been UP since Jul 16th, 2018 at 0.734865

Smart Scan Analysis for SGDUSD

Based on a pre-defined weighted trend formula for chart analysis, SGDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.73207 0.73490 0.73207 0.73465 +0.00258
Prev. Close Volume Bid Ask Time
0.73207 0.73438 0.73492 2018-07-16 17:55:00
Want to analyze Singapore Dollar/US Dollar SGDUSD or another symbol? Try our Free Forex Trend Analysis Report.