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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Brazilian Real/Turkish Lira (FOREX:BRLTRY)

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

Is it time to buy, sell, or avoid BRLTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLTRY
Open High Low BRLTRY Price Change
5.7366509 5.7651774 5.7020621 5.7228444 -0.0138070
Entry Signal

MarketClub’s Trade Triangles for BRLTRY

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 5.6941578

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 6.0643847

short term down The short-term trend has been DOWN since Nov 27th, 2024 at 5.9076490

Smart Scan Analysis for BRLTRY

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

-100
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7366509 5.7651774 5.7020621 5.7228444 -0.0138070
Prev. Close Volume Bid Ask Time
5.7366509 2024-12-03 12:21:45
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