Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Brazilian Real/Turkish Lira (FOREX:BRLTRY)
Weak Downtrend (-65) - BRLTRY is showing signs of a strengthening downtrend. Monitor BRLTRY as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for BRLTRY
The long-term trend has been UP since Apr 25th, 2021 at 1.5427600
The intermediate-term trend has been DOWN since Jun 19th, 2022 at 3.3547599
The short-term trend has been DOWN since Jul 1st, 2022 at 3.1402057
Smart Scan Analysis for BRLTRY
Based on our trend formula, BRLTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).