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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Brazilian Real/Euro (FOREX:BRLEUR)

Weak Downtrend (-65) - BRLEUR is showing signs of a strengthening downtrend. Monitor BRLEUR as it may be building momentum to the downside.

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.

FOREX_BRLEUR
Open High Low BRLEUR Price Change
0.1763 0.1803 0.1751 0.1795 +0.0032
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term down The long-term trend has been DOWN since Aug 23rd, 2019 at 0.21720000

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.21890000

short term up The short-term trend has been UP since Apr 8th, 2020 at 0.17713546

Smart Scan Analysis for BRLEUR

Based on our trend formula, BRLEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1763 0.1803 0.1751 0.1795 +0.0032
Prev. Close Volume Bid Ask Time
0.1763 0.1794 0.1796 2020-04-08 20:46:34
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