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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

FOREX_SGDIDR
Open High Low SGDIDR Price Change
10307.65 10337.35 10263.55 10336.35 +28.70
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term down The long term trend has been DOWN since Jul 12th, 2019 at 10326.30

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2019 at 10373.15

short term down The short term trend has been DOWN since Jul 12th, 2019 at 10359.00

Smart Scan Analysis for SGDIDR

Based on a pre-defined weighted trend formula for chart analysis, SGDIDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10307.65 10337.35 10263.55 10336.35 +28.70
Prev. Close Volume Bid Ask Time
10307.65 10333.10 10339.60 2019-07-15 14:35:50
Want to analyze Singapore Dollar/Indonesian Rupiah SGDIDR or another symbol? Try our Free Forex Trend Analysis Report.