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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for BRLSGD
The long-term trend has been DOWN since Oct 3rd, 2023 at 0.27031716
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.22573650
The short-term trend has been DOWN since Dec 24th, 2024 at 0.21878250
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20154306 | 0.20188493 | 0.20146457 | 0.20160513 | +0.00006200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20154306 | 2024-12-26 05:03:22 |