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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Singapore Dollar/Turkish Lira (FOREX:SGDTRY)

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.

Open High Low SGDTRY Price Change
4.1607 4.1780 4.1334 4.1708 +0.0101
Entry Signal

MarketClub’s Trade Triangles for SGDTRY

long term down The long term trend has been DOWN since Aug 4th, 2019 at 4.02705

intermediate term up The intermediate term trend has been UP since Aug 20th, 2019 at 4.14590

short term up The short term trend has been UP since Sep 20th, 2019 at 4.17190

Smart Scan Analysis for SGDTRY

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

Smart Scan Analysis for SGDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1607 4.1780 4.1334 4.1708 +0.0101
Prev. Close Volume Bid Ask Time
4.1607 4.1691 4.1725 2019-09-20 17:44:15
Want to analyze Singapore Dollar/Turkish Lira SGDTRY or another symbol? Try our Free Forex Trend Analysis Report.