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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Bear Market Rally (-75) - BRLAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLAUD as it may be in the beginning of a reversal.

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
0.31821341 0.32033073 0.31803821 0.31838333 +0.00017000
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 Mar 18th, 2020 at 0.3476

short term down The short-term trend has been DOWN since Mar 24th, 2020 at 0.3270

Smart Scan Analysis for BRLAUD

Based on our trend formula, BRLAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31821341 0.32033073 0.31803821 0.31838333 +0.00017000
Prev. Close Volume Bid Ask Time
0.31821341 0.31815812 0.31860854 2020-03-30 04:56:49
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