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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Brazilian Real/ (FOREX:BRLRSD)

Crossroads (-60) - BRLRSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_BRLRSD
Open High Low BRLRSD Price Change
18.811040 18.823473 18.486935 18.510779 -0.300261
Entry Signal

MarketClub’s Trade Triangles for BRLRSD

long term down The long-term trend has been DOWN since Oct 12th, 2021 at 18.587960

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2021 at 18.204199

short term up The short-term trend has been UP since Nov 24th, 2021 at 18.785904

Smart Scan Analysis for BRLRSD

Based on our trend formula, BRLRSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BRLRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.811040 18.823473 18.486935 18.510779 -0.300261
Prev. Close Volume Bid Ask Time
18.811040 2021-11-26 16:58:11
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