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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Singapore Dollar/British Pound (FOREX:SGDGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.

FOREX_SGDGBP
Open High Low SGDGBP Price Change
0.579175 0.580215 0.578705 0.579050 -0.000125
Entry Signal

MarketClub’s Trade Triangles for SGDGBP

long term up The long term trend has been UP since May 31st, 2019 at 0.576265

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

short term down The short term trend has been DOWN since Jun 21st, 2019 at 0.578955

Smart Scan Analysis for SGDGBP

Based on a pre-defined weighted trend formula for chart analysis, SGDGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SGDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.579175 0.580215 0.578705 0.579050 -0.000125
Prev. Close Volume Bid Ask Time
0.579175 0.578960 0.579140 2019-06-24 09:15:48
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