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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Singapore Dollar/British Pound (FOREX:SGDGBP)

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_SGDGBP
Open High Low SGDGBP Price Change
0.55047772 0.55047772 0.55047772 0.55047772 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term down The long term trend has been DOWN since Oct 11th, 2019 at 0.577810

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2020 at 0.561525

short term down The short term trend has been DOWN since Feb 13th, 2020 at 0.555995

Smart Scan Analysis for SGDGBP

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

-100
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55047772 0.55047772 0.55047772 0.55047772 0.00000000
Prev. Close Volume Bid Ask Time
0.55047772 0.55005803 0.55089741 2020-02-16 13:51:41
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