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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Singapore Dollar/Australian Dollar (FOREX:SGDAUD)

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_SGDAUD
Open High Low SGDAUD Price Change
1.045750 1.045905 1.043295 1.044225 -0.001525
Entry Signal

MarketClub’s Trade Triangles for SGDAUD

long term up The long term trend has been UP since Dec 21st, 2018 at 1.029335

intermediate term up The intermediate term trend has been UP since Feb 6th, 2019 at 1.038375

short term up The short term trend has been UP since Mar 19th, 2019 at 1.045050

Smart Scan Analysis for SGDAUD

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

+100
Smart Scan Analysis for SGDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.045750 1.045905 1.043295 1.044225 -0.001525
Prev. Close Volume Bid Ask Time
1.045750 1.044060 1.044390 2019-03-20 09:48:01
Want to analyze Singapore Dollar/Australian Dollar SGDAUD or another symbol? Try our Free Forex Trend Analysis Report.