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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Singapore Dollar/New Taiwan Dollar (FOREX:SGDTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_SGDTWD
Open High Low SGDTWD Price Change
22.6605 22.6880 22.6405 22.6415 -0.0190
Entry Signal

MarketClub’s Trade Triangles for SGDTWD

long term up The long term trend has been UP since Jan 2nd, 2019 at 22.6450

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2019 at 22.6075

short term down The short term trend has been DOWN since Feb 14th, 2019 at 22.6300

Smart Scan Analysis for SGDTWD

Based on a pre-defined weighted trend formula for chart analysis, SGDTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SGDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.6605 22.6880 22.6405 22.6415 -0.0190
Prev. Close Volume Bid Ask Time
22.6605 22.6300 22.6530 2019-02-18 06:47:26
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