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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Euro/Brazilian Real (FOREX:EURBRL)

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

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

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

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

FOREX_EURBRL
Open High Low EURBRL Price Change
6.7216 6.7693 6.6564 6.7458 +0.0242
Entry Signal

MarketClub’s Trade Triangles for EURBRL

long term down The long-term trend has been DOWN since Dec 7th, 2020 at 6.1498

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 6.3728

short term up The short-term trend has been UP since Feb 18th, 2021 at 6.5349

Smart Scan Analysis for EURBRL

Based on our trend formula, EURBRL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7216 6.7693 6.6564 6.7458 +0.0242
Prev. Close Volume Bid Ask Time
6.7216 2021-02-26 11:53:27
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