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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Countertrend Down (-85) - BRLRUB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
13.220211 13.255478 13.220211 13.231872 +0.011661
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long-term trend has been DOWN since Jan 12th, 2021 at 13.501454

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 13.659439

short term up The short-term trend has been UP since Feb 22nd, 2021 at 13.814477

Smart Scan Analysis for BRLRUB

Based on our trend formula, BRLRUB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.220211 13.255478 13.220211 13.231872 +0.011661
Prev. Close Volume Bid Ask Time
13.220211 2021-03-01 06:11:18
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