Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Brazilian Real/Chinese Yuan Renminbi (FOREX:BRLCNY)
Bull Market Weakness (+75) - BRLCNY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLCNY as it may be in the beginning stages of a reversal.
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 Jan 7th, 2025 at 1.2084105
The short-term trend has been DOWN since Feb 21st, 2025 at 1.2665172
Smart Scan Analysis for BRLCNY
Based on our trend formula, BRLCNY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2725616 | 1.2741008 | 1.2642353 | 1.2650268 | -0.0075350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2725616 | 2025-02-21 17:00:13 |