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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Crossroads (-60) - BRLRUB 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 BRLRUB?

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

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

FOREX_BRLRUB
Open High Low BRLRUB Price Change
10.337236 10.614776 10.312567 10.524110 +0.186874
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long-term trend has been DOWN since May 4th, 2022 at 14.130786

intermediate term up The intermediate-term trend has been UP since May 4th, 2022 at 22.970643

short term up The short-term trend has been UP since Jun 30th, 2022 at 10.406114

Smart Scan Analysis for BRLRUB

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

-60
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.337236 10.614776 10.312567 10.524110 +0.186874
Prev. Close Volume Bid Ask Time
10.337236 2022-07-04 23:49:36
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