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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Brazilian Real/British Pound (FOREX:BRLGBP)

Bear Market Rally (-75) - BRLGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BRLGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low BRLGBP Price Change
0.1285 0.1312 0.1283 0.1308 +0.0023
Entry Signal

MarketClub’s Trade Triangles for BRLGBP

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 0.1342

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.1356

short term up The short-term trend has been UP since Oct 25th, 2021 at 0.1296

Smart Scan Analysis for BRLGBP

Based on our trend formula, BRLGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BRLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1285 0.1312 0.1283 0.1308 +0.0023
Prev. Close Volume Bid Ask Time
0.1285 2021-10-25 20:03:25
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