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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

Strong Downtrend (-100) - BRLSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BRLSGD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BRLSGD?

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
0.25592415 0.25631025 0.25562030 0.25575447 -0.00017000
Entry Signal

MarketClub’s Trade Triangles for BRLSGD

long term down The long-term trend has been DOWN since Nov 10th, 2022 at 0.26045964

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2022 at 0.26050930

short term down The short-term trend has been DOWN since Nov 25th, 2022 at 0.25533107

Smart Scan Analysis for BRLSGD

Based on our trend formula, BRLSGD is rated as a -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
0.25592415 0.25631025 0.25562030 0.25575447 -0.00017000
Prev. Close Volume Bid Ask Time
0.25592415 2022-11-29 05:38:53
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