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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

Brazilian Real/New Zealand Dollar (FOREX:BRLNZD)

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

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

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

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

FOREX_BRLNZD
Open High Low BRLNZD Price Change
0.3027 0.3078 0.3021 0.3072 +0.0045
Entry Signal

MarketClub’s Trade Triangles for BRLNZD

long term up The long-term trend has been UP since Mar 7th, 2023 at 0.3143

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.3048

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 0.3027

Smart Scan Analysis for BRLNZD

Based on our trend formula, BRLNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BRLNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3027 0.3078 0.3021 0.3072 +0.0045
Prev. Close Volume Bid Ask Time
0.3027 2023-03-24 18:07:31
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