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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Singapore Dollar/Brazilian Real (FOREX:SGDBRL)
Sidelines Mode (-55) - SGDBRL 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 SGDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDBRL.
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 SGDBRL
The long-term trend has been DOWN since Feb 7th, 2025 at 4.2528932
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 4.4595685
The short-term trend has been UP since Feb 20th, 2025 at 4.2800978
Smart Scan Analysis for SGDBRL
Based on our trend formula, SGDBRL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2709304 | 4.2925287 | 4.2609348 | 4.2868877 | +0.0159570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2709304 | 2025-02-21 17:00:13 |