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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Strong Downtrend (-100) - BRLRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
14.419950 14.678298 14.362641 14.630445 +0.210495
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long-term trend has been DOWN since Apr 3rd, 2020 at 14.387739

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2020 at 14.713643

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 15.376769

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
14.419950 14.678298 14.362641 14.630445 +0.210495
Prev. Close Volume Bid Ask Time
14.419950 14.619931 14.640958 2020-04-08 21:41:28
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