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Forex Trend Analysis Report

Prepared for you on Tuesday, November 26, 2024.

Brazilian Real/Singapore Dollar (FOREX:BRLSGD)

Bear Market Rally (-75) - BRLSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLSGD as it may be in the beginning of a reversal.

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
0.23248104 0.23266880 0.23102429 0.23149338 -0.00098800
Entry Signal

MarketClub’s Trade Triangles for BRLSGD

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 0.27031716

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.22573650

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 0.23056350

Smart Scan Analysis for BRLSGD

Based on our trend formula, BRLSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for BRLSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23248104 0.23266880 0.23102429 0.23149338 -0.00098800
Prev. Close Volume Bid Ask Time
0.23248104 2024-11-26 15:32:22
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