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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Brazilian Real/Chinese Yuan Renminbi (FOREX:BRLCNY)
Countertrend Up (+85) - BRLCNY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BRLCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BRLCNY
The long-term trend has been UP since Feb 7th, 2025 at 1.2676124
The intermediate-term trend has been UP since Mar 17th, 2025 at 1.2696222
The short-term trend has been DOWN since Mar 31st, 2025 at 1.2580542
Smart Scan Analysis for BRLCNY
Based on our trend formula, BRLCNY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2595977 | 1.2732463 | 1.2494141 | 1.2729569 | +0.0133590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2595977 | 2025-03-31 17:14:48 |