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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
12.571236 12.571236 12.553910 12.553910 -0.017326
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 13.675421

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2021 at 13.695878

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 12.920045

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
12.571236 12.571236 12.553910 12.553910 -0.017326
Prev. Close Volume Bid Ask Time
12.571236 2021-10-22 03:03:11
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