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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Long-Term Downtrend (-90) - BRLAUD is in a strong downtrend that is likely to continue. While BRLAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BRLAUD?

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

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

FOREX_BRLAUD
Open High Low BRLAUD Price Change
0.2727 0.2769 0.2726 0.2733 +0.0006
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long-term trend has been DOWN since Jul 4th, 2022 at 0.2736

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.2819

short term down The short-term trend has been DOWN since Jul 4th, 2022 at 0.2747

Smart Scan Analysis for BRLAUD

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

-90
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2727 0.2769 0.2726 0.2733 +0.0006
Prev. Close Volume Bid Ask Time
0.2727 2022-07-05 20:03:34
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