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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)
Sidelines Mode (-55) - BRLIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRLIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLIDR.
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 BRLIDR
The long-term trend has been DOWN since Mar 8th, 2024 at 3112.7767
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 3130.0835
The short-term trend has been UP since Apr 22nd, 2024 at 3127.4468
Smart Scan Analysis for BRLIDR
Based on our trend formula, BRLIDR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3147.1259 | 3151.0522 | 3144.5676 | 3148.7464 | +1.6205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3147.1259 | 2024-04-24 02:58:09 |