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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Singapore Dollar/South Korean Won (FOREX:SGDKRW)

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.

FOREX_SGDKRW
Open High Low SGDKRW Price Change
861.410 861.960 859.170 859.365 -2.045
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 down The intermediate term trend has been DOWN since Jun 18th, 2019 at 860.385

short term down The short term trend has been DOWN since Jun 17th, 2019 at 864.460

Smart Scan Analysis for SGDKRW

Based on a pre-defined weighted trend formula for chart analysis, SGDKRW scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
861.410 861.960 859.170 859.365 -2.045
Prev. Close Volume Bid Ask Time
861.41 859.350 859.380 2019-06-19 22:57:05
Want to analyze Singapore Dollar/South Korean Won SGDKRW or another symbol? Try our Free Forex Trend Analysis Report.