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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Singapore Dollar/Argentine Peso (FOREX:SGDARS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
32.859 32.862 32.446 32.573 -0.286
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 down The short term trend has been DOWN since May 21st, 2019 at 32.513

Smart Scan Analysis for SGDARS

Based on a pre-defined weighted trend formula for chart analysis, SGDARS scored +55 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
32.859 32.862 32.446 32.573 -0.286
Prev. Close Volume Bid Ask Time
32.859 32.570 32.576 2019-05-21 14:32:14
Want to analyze Singapore Dollar/Argentine Peso SGDARS or another symbol? Try our Free Forex Trend Analysis Report.