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Forex Trend Analysis Report

Prepared for you on Sunday, December 17, 2017.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
0.40289 0.40898 0.40289 0.40844 +0.00555
Entry Signal

MarketClub’s Trade Triangles for BRLSGD

long term down The long term trend has been DOWN since Apr 26th, 2017 at 0.43787

intermediate term down The intermediate term trend has been DOWN since Dec 7th, 2017 at 0.40876

short term down The short term trend has been DOWN since Dec 7th, 2017 at 0.41366

Smart Scan Analysis for BRLSGD

Based on a pre-defined weighted trend formula for chart analysis, BRLSGD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40289 0.40898 0.40289 0.40844 +0.00555
Prev. Close Volume Bid Ask Time
0.40289 0.40802 0.40886 2017-12-15 16:15:44
Want to analyze Brazilian Real/Singapore Dollar BRLSGD or another symbol? Try our Free Forex Trend Analysis Report.