Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Euro/Singapore Dollar (FOREX:EURSGD)

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.

FOREX_EURSGD
Open High Low EURSGD Price Change
1.504855 1.508300 1.503645 1.506910 +0.002055
Entry Signal

MarketClub’s Trade Triangles for EURSGD

long term down The long term trend has been DOWN since Sep 11th, 2019 at 1.51661

intermediate term down The intermediate term trend has been DOWN since Nov 5th, 2019 at 1.50750

short term up The short term trend has been UP since Nov 15th, 2019 at 1.50220

Smart Scan Analysis for EURSGD

Based on a pre-defined weighted trend formula for chart analysis, EURSGD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.504855 1.508300 1.503645 1.506910 +0.002055
Prev. Close Volume Bid Ask Time
1.504855 1.506770 1.507050 2019-11-18 11:47:07
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