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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_SGDGBP
Open High Low SGDGBP Price Change
0.570615 0.570615 0.570615 0.570615 0.000000
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term down The long term trend has been DOWN since Mar 13th, 2019 at 0.555565

intermediate term up The intermediate term trend has been UP since May 16th, 2019 at 0.569885

short term up The short term trend has been UP since May 14th, 2019 at 0.564825

Smart Scan Analysis for SGDGBP

Based on a pre-defined weighted trend formula for chart analysis, SGDGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.570615 0.570615 0.570615 0.570615 0.000000
Prev. Close Volume Bid Ask Time
0.570615 0.570290 0.570940 2019-05-19 04:52:45
Want to analyze Singapore Dollar/British Pound SGDGBP or another symbol? Try our Free Forex Trend Analysis Report.