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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

Sidelines Mode (+50) - BRLSGD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BRLSGD can gain momentum.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLSGD
Open High Low BRLSGD Price Change
0.32343241 0.32343241 0.32074068 0.32104916 -0.00238300
Entry Signal

MarketClub’s Trade Triangles for BRLSGD

long term down The long-term trend has been DOWN since Aug 26th, 2019 at 0.33416000

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2020 at 0.32703362

short term up The short-term trend has been UP since Feb 14th, 2020 at 0.32272809

Smart Scan Analysis for BRLSGD

Based on our trend formula, BRLSGD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BRLSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32343241 0.32343241 0.32074068 0.32104916 -0.00238300
Prev. Close Volume Bid Ask Time
0.32343241 0.32077526 0.32132306 2020-02-17 16:32:04
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