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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Singapore Dollar/Icelandic Krona (FOREX:SGDISK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_SGDISK
Open High Low SGDISK Price Change
90.1350 90.6445 90.0290 90.5560 +0.4210
Entry Signal

MarketClub’s Trade Triangles for SGDISK

long term down The long term trend has been DOWN since Aug 5th, 2019 at 88.076

intermediate term down The intermediate term trend has been DOWN since Sep 16th, 2019 at 89.360

short term up The short term trend has been UP since Sep 20th, 2019 at 90.183

Smart Scan Analysis for SGDISK

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

-75
Smart Scan Analysis for SGDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.1350 90.6445 90.0290 90.5560 +0.4210
Prev. Close Volume Bid Ask Time
90.1350 90.3050 90.8070 2019-09-20 13:43:37
Want to analyze Singapore Dollar/Icelandic Krona SGDISK or another symbol? Try our Free Forex Trend Analysis Report.