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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.

FOREX_BRLTRY
Open High Low BRLTRY Price Change
1.3259570 1.3339446 1.3109411 1.3246690 -0.0012880
Entry Signal

MarketClub’s Trade Triangles for BRLTRY

long term down The long-term trend has been DOWN since Dec 18th, 2020 at 1.5073345

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 1.3474223

short term up 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).

+60
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3259570 1.3339446 1.3109411 1.3246690 -0.0012880
Prev. Close Volume Bid Ask Time
1.3259570 2021-03-05 17:01:01
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