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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low SGDARS Price Change
31.239 31.261 31.142 31.153 -0.086
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 down The intermediate term trend has been DOWN since May 29th, 2019 at 32.323

short term up The short term trend has been UP since Jul 15th, 2019 at 30.891

Smart Scan Analysis for SGDARS

Based on a pre-defined weighted trend formula for chart analysis, SGDARS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.239 31.261 31.142 31.153 -0.086
Prev. Close Volume Bid Ask Time
31.239 31.150 31.156 2019-07-19 16:32:45
Want to analyze Singapore Dollar/Argentine Peso SGDARS or another symbol? Try our Free Forex Trend Analysis Report.