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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

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.

FOREX_BRLSGD
Open High Low BRLSGD Price Change
0.369165 0.375415 0.368575 0.374135 +0.004970
Entry Signal

MarketClub’s Trade Triangles for BRLSGD

long term up The long term trend has been UP since Oct 8th, 2018 at 0.370870

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.340450

short term up The short term trend has been UP since Oct 16th, 2018 at 0.370465

Smart Scan Analysis for BRLSGD

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

+100
Smart Scan Analysis for BRLSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.369165 0.375415 0.368575 0.374135 +0.004970
Prev. Close Volume Bid Ask Time
0.369165 0.373780 0.374490 2018-10-17 16:36:52
Want to analyze Brazilian Real/Singapore Dollar BRLSGD or another symbol? Try our Free Forex Trend Analysis Report.