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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Singapore Dollar/South African Rand (FOREX:SGDZAR)

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_SGDZAR
Open High Low SGDZAR Price Change
9.1913 9.1913 9.1913 9.1913 0.0000
Entry Signal

MarketClub’s Trade Triangles for SGDZAR

long term down The long term trend has been DOWN since Dec 18th, 2017 at 9.4470

intermediate term up The intermediate term trend has been UP since Apr 9th, 2018 at 9.1825

short term up The short term trend has been UP since Apr 20th, 2018 at 9.2024

Smart Scan Analysis for SGDZAR

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

+60
Smart Scan Analysis for SGDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.1913 9.1913 9.1913 9.1913 0.0000
Prev. Close Volume Bid Ask Time
9.1913 9.1875 9.1951 2018-04-21 05:28:18
Want to analyze Singapore Dollar/South African Rand SGDZAR or another symbol? Try our Free Forex Trend Analysis Report.