Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Singapore Dollar/Euro (FOREX:SGDEUR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_SGDEUR
Open High Low SGDEUR Price Change
0.66852293 0.66925464 0.66791363 0.66858551 +0.00006300
Entry Signal

MarketClub’s Trade Triangles for SGDEUR

long term up The long term trend has been UP since Sep 11th, 2019 at 0.65940500

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 0.66684469

short term up The short term trend has been UP since Jan 8th, 2020 at 0.66478000

Smart Scan Analysis for SGDEUR

Based on a pre-defined weighted trend formula for chart analysis, SGDEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SGDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66852293 0.66925464 0.66791363 0.66858551 +0.00006300
Prev. Close Volume Bid Ask Time
0.66852293 0.66853857 0.66863245 2020-01-22 09:37:06
Get a free daily report for Singapore Dollar/Euro (SGDEUR) - Free Trend Analysis Report.