Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Brazilian Real/Russian Ruble (FOREX:BRLRUB)
Sidelines Mode (+50) - BRLRUB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BRLRUB can gain 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.
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MarketClub’s Trade Triangles for BRLRUB
The long-term trend has been DOWN since Dec 25th, 2024 at 15.418789
The intermediate-term trend has been UP since Dec 30th, 2024 at 17.925266
The short-term trend has been UP since Jan 14th, 2025 at 16.978699
Smart Scan Analysis for BRLRUB
Based on our trend formula, BRLRUB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
16.862436 | 17.106997 | 16.736889 | 16.840797 | -0.021639 |
Prev. Close | Volume | Bid | Ask | Time |
16.862436 | 2025-01-14 22:10:39 |