Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Brazilian Real/Surinamese Dollar (FOREX:BRLSRD)
Crossroads (-60) - BRLSRD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRLSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BRLSRD
The long-term trend has been DOWN since Jan 2nd, 2025 at 5.7215
The intermediate-term trend has been UP since Jan 30th, 2025 at 5.7470
The short-term trend has been UP since Jan 30th, 2025 at 5.8325
Smart Scan Analysis for BRLSRD
Based on our trend formula, BRLSRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9375 | 5.9375 | 5.9375 | 5.9375 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9375 | 5.8800 | 5.9950 | 2025-01-31 09:31:04 |