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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Singapore Dollar/Chinese Yuan Renminbi (FOREX:SGDCNY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SGDCNY Price Change
5.06305 5.06565 5.04555 5.05350 -0.00955
Entry Signal

MarketClub’s Trade Triangles for SGDCNY

long term up The long term trend has been UP since May 9th, 2019 at 5.00255

intermediate term up The intermediate term trend has been UP since May 6th, 2019 at 4.97400

short term down The short term trend has been DOWN since Jun 20th, 2019 at 5.04570

Smart Scan Analysis for SGDCNY

Based on a pre-defined weighted trend formula for chart analysis, SGDCNY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.06305 5.06565 5.04555 5.05350 -0.00955
Prev. Close Volume Bid Ask Time
5.06305 5.04700 5.06000 2019-06-20 20:11:11
Want to analyze Singapore Dollar/Chinese Yuan Renminbi SGDCNY or another symbol? Try our Free Forex Trend Analysis Report.