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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Singapore Dollar/Indonesian Rupiah (FOREX:SGDIDR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low SGDIDR Price Change
10403.2 10403.2 10403.2 10403.2 0.0
Entry Signal

MarketClub’s Trade Triangles for SGDIDR

long term down The long term trend has been DOWN since Nov 28th, 2018 at 10498.45

intermediate term down The intermediate term trend has been DOWN since Jan 1st, 2019 at 10484.50

short term up The short term trend has been UP since Feb 11th, 2019 at 10327.55

Smart Scan Analysis for SGDIDR

Based on a pre-defined weighted trend formula for chart analysis, SGDIDR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10403.2 10403.2 10403.2 10403.2 0.0
Prev. Close Volume Bid Ask Time
10403.2 10399.9 10406.5 2019-02-16 16:40:11
Want to analyze Singapore Dollar/Indonesian Rupiah SGDIDR or another symbol? Try our Free Forex Trend Analysis Report.