Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)
Bull Market Weakness (+75) - BRLIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLIDR as it may be in the beginning stages of a reversal.
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 Jul 1st, 2022 at 2807.4582
The intermediate-term trend has been UP since Jul 28th, 2022 at 2860.6201
The short-term trend has been UP since Aug 5th, 2022 at 2877.0826
Smart Scan Analysis for BRLIDR
Based on our trend formula, BRLIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2908.1056 | 2915.8268 | 2885.6932 | 2897.8216 | -10.2840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2908.1056 | 2022-08-09 16:01:36 |