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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

US Dollar/Singapore Dollar (FOREX:USDSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_USDSGD
Open High Low USDSGD Price Change
1.352315 1.352610 1.350040 1.350570 -0.001745
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term down The long term trend has been DOWN since Dec 31st, 2018 at 1.36177

intermediate term up The intermediate term trend has been UP since Mar 7th, 2019 at 1.36130

short term down The short term trend has been DOWN since Mar 11th, 2019 at 1.35650

Smart Scan Analysis for USDSGD

Based on a pre-defined weighted trend formula for chart analysis, USDSGD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.352315 1.352610 1.350040 1.350570 -0.001745
Prev. Close Volume Bid Ask Time
1.352315 1.350540 1.350600 2019-03-20 11:11:18
Want to analyze US Dollar/Singapore Dollar USDSGD or another symbol? Try our Free Forex Trend Analysis Report.