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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.

FOREX_BRLRUB
Open High Low BRLRUB Price Change
16.862436 17.106997 16.736889 16.840797 -0.021639
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 15.418789

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2024 at 17.925266

short term up 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).

+50
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways 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
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