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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Brazilian Real/Japanese Yen (FOREX:BRLJPY)

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

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

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

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

FOREX_BRLJPY
Open High Low BRLJPY Price Change
20.504 20.532 20.497 20.517 +0.013
Entry Signal

MarketClub’s Trade Triangles for BRLJPY

long term down The long-term trend has been DOWN since Oct 21st, 2021 at 20.060386

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2021 at 20.115000

short term up The short-term trend has been UP since Oct 25th, 2021 at 20.405000

Smart Scan Analysis for BRLJPY

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

-65
Smart Scan Analysis for BRLJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.504 20.532 20.497 20.517 +0.013
Prev. Close Volume Bid Ask Time
20.504 2021-10-26 06:42:46
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