Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
British Pound/Singapore Dollar (FOREX:GBPSGD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 GBPSGD
The long term trend has been DOWN since Dec 2nd, 2018 at 1.74746
The intermediate term trend has been DOWN since Feb 12th, 2019 at 1.74557
The short term trend has been DOWN since Feb 14th, 2019 at 1.74420
Smart Scan Analysis for GBPSGD
Based on a pre-defined weighted trend formula for chart analysis, GBPSGD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.738160 | 1.748900 | 1.738095 | 1.748900 | +0.010740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.738160 | 1.747900 | 1.749900 | 2019-02-15 18:28:41 |