Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
INVESCO SINGAPORE DOLLAR (PACF:FXSG.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.
MarketClub’s Trade Triangles for FXSG.IV
The long term trend has been DOWN since May 1st, 2018 at 73.7072
The intermediate term trend has been DOWN since Jun 15th, 2018 at 72.9270
The short term trend has been UP since Aug 16th, 2018 at 71.5741
Smart Scan Analysis for FXSG.IV
Based on a pre-defined weighted trend formula for chart analysis, FXSG.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.5811||52wk High Date||2018-01-25|
|52wk Low||71.1689||52wk Low Date||2018-08-15|