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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_USDSGD
Open High Low USDSGD Price Change
1.356335 1.356335 1.356335 1.356335 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term down The long term trend has been DOWN since Mar 20th, 2017 at 1.397400

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 1.357010

short term down The short term trend has been DOWN since Nov 14th, 2017 at 1.358505

Smart Scan Analysis for USDSGD

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

-100
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.356335 1.356335 1.356335 1.356335 0.000000
Prev. Close Volume Bid Ask Time
1.356335 1.355470 1.357200 2017-11-18 19:12:23
Want to analyze US Dollar/Singapore Dollar USDSGD or another symbol? Try our Free Forex Trend Analysis Report.