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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_SGDARS
Open High Low SGDARS Price Change
29.188 29.235 29.171 29.230 +0.042
Entry Signal

MarketClub’s Trade Triangles for SGDARS

long term up The long term trend has been UP since May 18th, 2017 at 11.265

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 27.972

short term up The short term trend has been UP since Feb 15th, 2019 at 28.305

Smart Scan Analysis for SGDARS

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

+100
Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.188 29.235 29.171 29.230 +0.042
Prev. Close Volume Bid Ask Time
29.188 29.227 29.233 2019-02-22 05:16:34
Want to analyze Singapore Dollar/Argentine Peso SGDARS or another symbol? Try our Free Forex Trend Analysis Report.