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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Brazilian Real/Singapore Dollar (FOREX:BRLSGD)
Sidelines Mode (+55) - BRLSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for BRLSGD
The long-term trend has been UP since Feb 7th, 2025 at 0.23513440
The intermediate-term trend has been UP since Jan 7th, 2025 at 0.22423730
The short-term trend has been DOWN since Feb 20th, 2025 at 0.23363986
Smart Scan Analysis for BRLSGD
Based on our trend formula, BRLSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23414136 | 0.23469062 | 0.23296325 | 0.23326980 | -0.00087200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23414136 | 2025-02-21 17:00:13 |