Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
US Dollar/Singapore Dollar (FOREX:USDSGD)
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.
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MarketClub’s Trade Triangles for USDSGD
The long term trend has been DOWN since Nov 1st, 2019 at 1.358325
The intermediate term trend has been UP since Nov 22nd, 2019 at 1.364760
The short term trend has been DOWN since Dec 2nd, 2019 at 1.365475
Smart Scan Analysis for USDSGD
Based on a pre-defined weighted trend formula for chart analysis, USDSGD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.360125 | 1.360125 | 1.360125 | 1.360125 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.360125 | 1.359200 | 1.361050 | 2019-12-08 02:18:28 |