Analyze Symbol
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.
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MarketClub’s Trade Triangles for SGDARS
The long term trend has been UP since May 18th, 2017 at 11.265
The intermediate term trend has been UP since Feb 7th, 2019 at 27.972
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).
| 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 |