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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Canadian Dollar/Brazilian Real (FOREX:CADBRL)

Strong Uptrend (+100) - CADBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CADBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADBRL
Open High Low CADBRL Price Change
4.4167319 4.4167319 4.3928314 4.4091079 -0.0076240
Entry Signal

MarketClub’s Trade Triangles for CADBRL

long term up The long-term trend has been UP since Feb 25th, 2021 at 4.3839709

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 4.0711626

short term up The short-term trend has been UP since Feb 18th, 2021 at 4.2703353

Smart Scan Analysis for CADBRL

Based on our trend formula, CADBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CADBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4167319 4.4167319 4.3928314 4.4091079 -0.0076240
Prev. Close Volume Bid Ask Time
4.4167319 2021-03-01 08:02:40
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