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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Singapore Dollar/South African Rand (FOREX:SGDZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_SGDZAR
Open High Low SGDZAR Price Change
10.03750 10.10050 10.02050 10.06465 +0.02715
Entry Signal

MarketClub’s Trade Triangles for SGDZAR

long term up The long term trend has been UP since Apr 3rd, 2017 at 9.7526

intermediate term up The intermediate term trend has been UP since Sep 13th, 2017 at 9.7456

short term up The short term trend has been UP since Oct 18th, 2017 at 9.9182

Smart Scan Analysis for SGDZAR

Based on a pre-defined weighted trend formula for chart analysis, SGDZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SGDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.03750 10.10050 10.02050 10.06465 +0.02715
Prev. Close Volume Bid Ask Time
10.03750 10.06040 10.06890 2017-10-23 15:05:27
Want to analyze Singapore Dollar/South African Rand SGDZAR or another symbol? Try our Free Forex Trend Analysis Report.