Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
INVESCO SINGAPORE DOLLAR (PACF:FXSG.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 UP since Nov 2nd, 2018 at 71.6153
The short term trend has been DOWN since Nov 9th, 2018 at 71.4753
Smart Scan Analysis for FXSG.IV
Based on a pre-defined weighted trend formula for chart analysis, FXSG.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.5811||52wk High Date||2018-01-25|
|52wk Low||70.8904||52wk Low Date||2018-10-09|