Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Crossroads (-60) - BRLAUD is struggling to move into a solid trend. Beware of choppy markets 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
0.25880000 0.26000769 0.25670000 0.25690000 -0.00190000
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 0.3026

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2024 at 0.2684

short term up The short-term trend has been UP since Dec 3rd, 2024 at 0.2578

Smart Scan Analysis for BRLAUD

Based on our trend formula, BRLAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25880000 0.26000769 0.25670000 0.25690000 -0.00190000
Prev. Close Volume Bid Ask Time
0.25880000 2024-12-06 17:06:30
Get a free daily analysis and signals for Brazilian Real/Australian Dollar (BRLAUD) - Request Your Free Report.