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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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
14.308997 14.440381 14.244508 14.397085 +0.088088
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term up The long-term trend has been UP since Sep 7th, 2020 at 14.358552

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2020 at 14.006422

short term up The short-term trend has been UP since Nov 26th, 2020 at 14.265295

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
14.308997 14.440381 14.244508 14.397085 +0.088088
Prev. Close Volume Bid Ask Time
14.308997 2020-12-01 13:26:49
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