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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Brazilian Real/Turkish Lira (FOREX:BRLTRY)

Bull Market Weakness (+75) - BRLTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLTRY as it may be in the beginning stages of a reversal.

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
5.8585073 5.8924238 5.8262490 5.8903468 +0.0318390
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 up The intermediate-term trend has been UP since Jan 9th, 2025 at 5.8492640

short term up The short-term trend has been UP since Jan 15th, 2025 at 5.8754244

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).

+70
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8585073 5.8924238 5.8262490 5.8903468 +0.0318390
Prev. Close Volume Bid Ask Time
5.8585073 2025-01-20 09:47:41
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