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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

British Pound/Singapore Dollar (FOREX:GBPSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

Open High Low GBPSGD Price Change
1.7178 1.7178 1.7178 1.7178 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSGD

long term down The long term trend has been DOWN since May 31st, 2019 at 1.735355

intermediate term up The intermediate term trend has been UP since Aug 22nd, 2019 at 1.698200

short term up The short term trend has been UP since Sep 13th, 2019 at 1.708200

Smart Scan Analysis for GBPSGD

Based on a pre-defined weighted trend formula for chart analysis, GBPSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7178 1.7178 1.7178 1.7178 0.0000
Prev. Close Volume Bid Ask Time
1.7178 1.7168 1.7188 2019-09-21 13:06:18
Want to analyze British Pound/Singapore Dollar GBPSGD or another symbol? Try our Free Forex Trend Analysis Report.