Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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.

FOREX_BRLTRY
Open High Low BRLTRY Price Change
6.0315211 6.0545546 6.0015256 6.0069140 -0.0246070
Entry Signal

MarketClub’s Trade Triangles for BRLTRY

long term up The long-term trend has been UP since Aug 27th, 2024 at 6.4088645

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 Oct 8th, 2024 at 6.1997914

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).

-60
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0315211 6.0545546 6.0015256 6.0069140 -0.0246070
Prev. Close Volume Bid Ask Time
6.0315211 2024-10-25 17:06:27
Get a free daily analysis and signals for Brazilian Real/Turkish Lira (BRLTRY) - Request Your Free Report.