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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Singapore Dollar/Brazilian Real (FOREX:SGDBRL)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SGDBRL Price Change
2.84195 2.84390 2.84195 2.84270 +0.00075
Entry Signal

MarketClub’s Trade Triangles for SGDBRL

long term down The long term trend has been DOWN since Oct 8th, 2018 at 2.69635

intermediate term up The intermediate term trend has been UP since Nov 7th, 2018 at 2.74860

short term up The short term trend has been UP since Dec 4th, 2018 at 2.83195

Smart Scan Analysis for SGDBRL

Based on a pre-defined weighted trend formula for chart analysis, SGDBRL scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.84195 2.84390 2.84195 2.84270 +0.00075
Prev. Close Volume Bid Ask Time
2.84195 2.84010 2.84530 2018-12-12 03:15:19
Want to analyze Singapore Dollar/Brazilian Real SGDBRL or another symbol? Try our Free Forex Trend Analysis Report.