Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Brazilian Real/Turkish Lira (FOREX:BRLTRY)
Crossroads (+60) - BRLTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Dec 18th, 2020 at 1.5073345
The intermediate-term trend has been UP since Feb 26th, 2021 at 1.3474223
The short-term trend has been UP since Mar 4th, 2021 at 1.3343053
Smart Scan Analysis for BRLTRY
Based on our trend formula, BRLTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).