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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Canadian Dollar/Singapore Dollar (FOREX:CADSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_CADSGD
Open High Low CADSGD Price Change
1.01465 1.01500 1.01230 1.01245 -0.00220
Entry Signal

MarketClub’s Trade Triangles for CADSGD

long term down The long term trend has been DOWN since Nov 14th, 2018 at 1.04025

intermediate term down The intermediate term trend has been DOWN since Mar 4th, 2019 at 1.01795

short term up The short term trend has been UP since Mar 19th, 2019 at 1.01890

Smart Scan Analysis for CADSGD

Based on a pre-defined weighted trend formula for chart analysis, CADSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CADSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.01465 1.01500 1.01230 1.01245 -0.00220
Prev. Close Volume Bid Ask Time
1.01465 1.01230 1.01260 2019-03-20 09:16:36
Want to analyze Canadian Dollar/Singapore Dollar CADSGD or another symbol? Try our Free Forex Trend Analysis Report.