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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Indian Rupee/Singapore Dollar (FOREX:INRSGD)

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.

FOREX_INRSGD
Open High Low INRSGD Price Change
0.01899571 0.01899571 0.01898864 0.01898864 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for INRSGD

long term down The long term trend has been DOWN since Aug 13th, 2019 at 0.01937500

intermediate term down The intermediate term trend has been DOWN since Oct 14th, 2019 at 0.01934200

short term down The short term trend has been DOWN since Nov 6th, 2019 at 0.01915611

Smart Scan Analysis for INRSGD

Based on a pre-defined weighted trend formula for chart analysis, INRSGD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for INRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01899571 0.01899571 0.01898864 0.01898864 -0.00000700
Prev. Close Volume Bid Ask Time
0.01899571 0.01874891 0.01922836 2019-11-16 08:30:00
Want to analyze Indian Rupee/Singapore Dollar INRSGD or another symbol? Try our Free Forex Trend Analysis Report.