Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Sidelines Mode (-55) - BRLAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.27755134 0.27940000 0.27520000 0.27540000 -0.00215100
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long-term trend has been DOWN since Sep 19th, 2019 at 0.3531

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 0.2860

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.2768

Smart Scan Analysis for BRLAUD

Based on our trend formula, BRLAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27755134 0.27940000 0.27520000 0.27540000 -0.00215100
Prev. Close Volume Bid Ask Time
0.27755134 0.27520000 0.27560000 2020-06-01 11:08:18
Get a free daily analysis and signals for Brazilian Real/Australian Dollar (BRLAUD) - Request Your Free Report.