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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Brazilian Real/Turkish Lira (FOREX:BRLTRY)
Sidelines Mode (-55) - BRLTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for BRLTRY
The long-term trend has been UP since Jan 12th, 2023 at 3.7043445
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 6.3753390
The short-term trend has been UP since Apr 19th, 2024 at 6.3681045
Smart Scan Analysis for BRLTRY
Based on our trend formula, BRLTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.4236442 | 6.4247897 | 6.1782149 | 6.2529649 | -0.1706790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.2654741 | 2024-04-19 17:02:48 |