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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

US Dollar/Singapore Dollar (FOREX:USDSGD)

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.

FOREX_USDSGD
Open High Low USDSGD Price Change
1.3545 1.3561 1.3545 1.3557 +0.0012
Entry Signal

MarketClub’s Trade Triangles for USDSGD

long term down The long term trend has been DOWN since Dec 31st, 2018 at 1.36177

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 1.35751

short term up The short term trend has been UP since Apr 18th, 2019 at 1.35531

Smart Scan Analysis for USDSGD

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

+70
Smart Scan Analysis for USDSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3545 1.3561 1.3545 1.3557 +0.0012
Prev. Close Volume Bid Ask Time
1.3545 1.3552 1.3562 2019-04-21 22:22:52
Want to analyze US Dollar/Singapore Dollar USDSGD or another symbol? Try our Free Forex Trend Analysis Report.