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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)

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

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.

FOREX_BRLIDR
Open High Low BRLIDR Price Change
2531.4265 2542.2635 2504.6994 2510.8517 -20.5748
Entry Signal

MarketClub’s Trade Triangles for BRLIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 2813.7133

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 2551.8676

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 2555.7420

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).

-70
Smart Scan Analysis for BRLIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2531.4265 2542.2635 2504.6994 2510.8517 -20.5748
Prev. Close Volume Bid Ask Time
2531.4265 2021-03-05 16:58:52
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