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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Strong Uptrend (+100) - BRLRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
14.737588 14.834133 14.695390 14.764869 +0.027281
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term up The long-term trend has been UP since Oct 11th, 2022 at 12.357803

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2022 at 12.151311

short term up The short-term trend has been UP since Mar 28th, 2023 at 14.751759

Smart Scan Analysis for BRLRUB

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

+100
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.737588 14.834133 14.695390 14.764869 +0.027281
Prev. Close Volume Bid Ask Time
14.737588 2023-03-28 09:01:40
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