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Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_USDSGD
Open High Low USDSGD Price Change
1.36646 1.36680 1.36590 1.36645 -0.00001
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term up The long term trend has been UP since May 1st, 2018 at 1.33385

intermediate term up The intermediate term trend has been UP since Jun 15th, 2018 at 1.34845

short term down The short term trend has been DOWN since Aug 17th, 2018 at 1.37218

Smart Scan Analysis for USDSGD

Based on a pre-defined weighted trend formula for chart analysis, USDSGD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.36646 1.36680 1.36590 1.36645 -0.00001
Prev. Close Volume Bid Ask Time
1.36646 1.36640 1.36650 2018-08-22 03:24:06
Want to analyze US Dollar/Singapore Dollar USDSGD or another symbol? Try our Free Forex Trend Analysis Report.