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Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Singapore Dollar/Brazilian Real (FOREX:SGDBRL)
Long-Term Uptrend (+90) - SGDBRL is in a strong uptrend that is likely to continue. While SGDBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 1st, 2022 at 3.8039769
The intermediate-term trend has been UP since Jun 13th, 2022 at 3.6108921
The short-term trend has been UP since Jul 1st, 2022 at 3.8030150
Smart Scan Analysis for SGDBRL
Based on our trend formula, SGDBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8178062 | 3.8422728 | 3.7966388 | 3.8303262 | +0.0125200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8178062 | 2022-07-05 12:38:09 |