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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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 AUDBRL?

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
4.2306791 4.2408695 4.1511407 4.1511407 -0.0795380
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term up The long-term trend has been UP since Oct 4th, 2021 at 3.9542656

intermediate term up The intermediate-term trend has been UP since Sep 8th, 2021 at 3.9084354

short term up The short-term trend has been UP since Oct 18th, 2021 at 4.1000604

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
4.2306791 4.2408695 4.1511407 4.1511407 -0.0795380
Prev. Close Volume Bid Ask Time
4.2306791 2021-10-25 15:11:23
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