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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)
Long-Term Uptrend (+90) - NZDBRL is in a strong uptrend that is likely to continue. While NZDBRL 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 NZDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDBRL.
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 NZDBRL
The long-term trend has been UP since Apr 16th, 2024 at 3.1023309
The intermediate-term trend has been UP since Apr 15th, 2024 at 3.0610769
The short-term trend has been UP since Apr 26th, 2024 at 3.0809779
Smart Scan Analysis for NZDBRL
Based on our trend formula, NZDBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0747787 | 3.0813065 | 3.0699091 | 3.0700989 | -0.0046800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0747787 | 2024-04-26 06:19:17 |