Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for IDRSGD
The long term trend has been UP since Jul 12th, 2019 at 0.00968400
The intermediate term trend has been UP since Dec 25th, 2019 at 0.00974219
The short term trend has been UP since Feb 14th, 2020 at 0.01016516
Smart Scan Analysis for IDRSGD
Based on a pre-defined weighted trend formula for chart analysis, IDRSGD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).