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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Australian Dollar/Brazilian Real (FOREX:AUDBRL)

Long-Term Uptrend (+90) - AUDBRL is in a strong uptrend that is likely to continue. While AUDBRL 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 ?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDBRL
Open High Low AUDBRL Price Change
2.8867059 2.9098149 2.8867059 2.9049126 +0.0182070
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term up The long-term trend has been UP since Sep 19th, 2019 at 2.8309500

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 2.8419482

short term up The short-term trend has been UP since Jan 30th, 2020 at 2.8593614

Smart Scan Analysis for AUDBRL

Based on our trend formula, AUDBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8867059 2.9098149 2.8867059 2.9049126 +0.0182070
Prev. Close Volume Bid Ask Time
2.8867059 2.9024329 2.9073923 2020-02-17 16:13:30
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