Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
Singapore Dollar/ (FOREX:SGDCNH)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 SGDCNH
The long term trend has been DOWN since Jan 31st, 2019 at 4.9900
The intermediate term trend has been DOWN since Jan 14th, 2019 at 5.0240
The short term trend has been DOWN since Feb 12th, 2019 at 4.9988
Smart Scan Analysis for SGDCNH
Based on a pre-defined weighted trend formula for chart analysis, SGDCNH scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.98145 | 4.98145 | 4.97140 | 4.97140 | -0.01005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.98145 | 4.97090 | 4.97190 | 2019-02-20 17:02:23 |