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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_SGDKRW
Open High Low SGDKRW Price Change
864.5149 866.4586 863.6091 864.9093 +0.3944
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long term trend has been UP since Dec 3rd, 2019 at 873.9600

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 867.5619

short term up The short term trend has been UP since Jan 21st, 2020 at 865.4477

Smart Scan Analysis for SGDKRW

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

+100
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
864.5149 866.4586 863.6091 864.9093 +0.3944
Prev. Close Volume Bid Ask Time
864.5149 863.4268 866.3919 2020-01-21 09:27:23
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