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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Singapore Dollar/South African Rand (FOREX:SGDZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low SGDZAR Price Change
10.1985 10.2315 10.1655 10.1740 -0.0245
Entry Signal

MarketClub’s Trade Triangles for SGDZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 9.41145

intermediate term down The intermediate term trend has been DOWN since Jan 4th, 2019 at 10.25400

short term up The short term trend has been UP since Jan 21st, 2019 at 10.20500

Smart Scan Analysis for SGDZAR

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

Smart Scan Analysis for SGDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.1985 10.2315 10.1655 10.1740 -0.0245
Prev. Close Volume Bid Ask Time
10.1985 10.1630 10.1850 2019-01-21 17:00:19
Want to analyze Singapore Dollar/South African Rand SGDZAR or another symbol? Try our Free Forex Trend Analysis Report.