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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Singapore Dollar/United Arab Emirates Dirham (FOREX:SGDAED)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_SGDAED
Open High Low SGDAED Price Change
2.7175 2.7192 2.7175 2.7192 +0.0017
Entry Signal

MarketClub’s Trade Triangles for SGDAED

long term up The long term trend has been UP since Dec 31st, 2018 at 2.6966

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 2.6979

short term up The short term trend has been UP since Feb 13th, 2019 at 2.7119

Smart Scan Analysis for SGDAED

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

+75
Smart Scan Analysis for SGDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7175 2.7192 2.7175 2.7192 +0.0017
Prev. Close Volume Bid Ask Time
2.7175 2.6604 2.7780 2019-02-23 07:41:32
Want to analyze Singapore Dollar/United Arab Emirates Dirham SGDAED or another symbol? Try our Free Forex Trend Analysis Report.