Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Singapore Dollar/Mexican Peso (FOREX:SGDMXN)
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.
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MarketClub’s Trade Triangles for SGDMXN
The long term trend has been UP since Oct 31st, 2018 at 14.72655
The intermediate term trend has been UP since Feb 13th, 2019 at 14.23605
The short term trend has been UP since Feb 20th, 2019 at 14.21975
Smart Scan Analysis for SGDMXN
Based on a pre-defined weighted trend formula for chart analysis, SGDMXN scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.16235 | 14.23300 | 14.15105 | 14.22735 | +0.06500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.16235 | 14.22300 | 14.23170 | 2019-02-20 22:13:34 |