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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Singapore Dollar/US Dollar (FOREX:SGDUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.727830 0.728970 0.727595 0.728540 +0.000710
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 up The intermediate term trend has been UP since Nov 2nd, 2018 at 0.728400

short term up The short term trend has been UP since Nov 14th, 2018 at 0.725900

Smart Scan Analysis for SGDUSD

Based on a pre-defined weighted trend formula for chart analysis, SGDUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SGDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.727830 0.728970 0.727595 0.728540 +0.000710
Prev. Close Volume Bid Ask Time
0.727830 0.728460 0.728620 2018-11-19 08:55:00
Want to analyze Singapore Dollar/US Dollar SGDUSD or another symbol? Try our Free Forex Trend Analysis Report.