Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for BRLSGD
The long-term trend has been DOWN since Aug 26th, 2019 at 0.33416000
The intermediate-term trend has been DOWN since Feb 19th, 2020 at 0.31824818
The short-term trend has been DOWN since Feb 19th, 2020 at 0.31903456
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).