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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

Crossroads (+60) - BRLSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.25874419 0.25877696 0.25842511 0.25848469 -0.00025900
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 Nov 6th, 2020 at 0.24584569

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.25343802

Smart Scan Analysis for BRLSGD

Based on our trend formula, BRLSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25874419 0.25877696 0.25842511 0.25848469 -0.00025900
Prev. Close Volume Bid Ask Time
0.25874419 2020-12-04 02:39:35
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