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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Argentine Peso/Singapore Dollar (FOREX:ARSSGD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_ARSSGD
Open High Low ARSSGD Price Change
0.02259571 0.02264209 0.02259068 0.02263793 +0.00004200
Entry Signal

MarketClub’s Trade Triangles for ARSSGD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.08874500

intermediate term up The intermediate term trend has been UP since Jan 28th, 2020 at 0.02266230

short term up The short term trend has been UP since Jan 21st, 2020 at 0.02249418

Smart Scan Analysis for ARSSGD

Based on a pre-defined weighted trend formula for chart analysis, ARSSGD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ARSSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02259571 0.02264209 0.02259068 0.02263793 +0.00004200
Prev. Close Volume Bid Ask Time
0.02259571 0.02263639 0.02263947 2020-01-29 06:03:35
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