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Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Brazilian Real/Euro (FOREX:BRLEUR)
Bear Market Rally (-75) - BRLEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BRLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLEUR.
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 BRLEUR
The long-term trend has been DOWN since Jul 4th, 2022 at 0.1795
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.1897
The short-term trend has been UP since Jul 5th, 2022 at 0.1824
Smart Scan Analysis for BRLEUR
Based on our trend formula, BRLEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1799 | 0.1825 | 0.1796 | 0.1823 | +0.0024 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1799 | 2022-07-05 07:49:33 |