Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
Singapore Dollar/Brazilian Real (FOREX:SGDBRL)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for SGDBRL
The long term trend has been DOWN since Oct 8th, 2018 at 2.69635
The intermediate term trend has been DOWN since Jan 2nd, 2019 at 2.79685
The short term trend has been DOWN since Feb 15th, 2019 at 2.73170
Smart Scan Analysis for SGDBRL
Based on a pre-defined weighted trend formula for chart analysis, SGDBRL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.74965 | 2.75650 | 2.73730 | 2.75295 | +0.00330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.74965 | 2.75030 | 2.75560 | 2019-02-19 20:51:37 |