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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

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_SGDKRW
Open High Low SGDKRW Price Change
872.87 872.87 872.87 872.87 0.00
Entry Signal

MarketClub’s Trade Triangles for SGDKRW

long term up The long term trend has been UP since Jan 8th, 2019 at 829.010

intermediate term up The intermediate term trend has been UP since Aug 2nd, 2019 at 871.405

short term down The short term trend has been DOWN since Aug 13th, 2019 at 874.660

Smart Scan Analysis for SGDKRW

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

+75
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
872.87 872.87 872.87 872.87 0.00
Prev. Close Volume Bid Ask Time
872.87 872.15 873.59 2019-08-18 00:41:09
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.