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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_SGDKRW
Open High Low SGDKRW Price Change
830.655 830.925 830.070 830.925 +0.270
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 Jan 2nd, 2019 at 825.235

short term up The short term trend has been UP since Feb 14th, 2019 at 829.580

Smart Scan Analysis for SGDKRW

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

+100
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
830.655 830.925 830.070 830.925 +0.270
Prev. Close Volume Bid Ask Time
830.655 830.190 831.660 2019-02-19 01:27:59
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.