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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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.

Open High Low EURBRL Price Change
5.4900 5.5635 5.4826 5.5607 +0.0707
Entry Signal

MarketClub’s Trade Triangles for EURBRL

long term down The long-term trend has been DOWN since Jan 19th, 2022 at 6.1730

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 5.2681

short term up The short-term trend has been UP since Jul 1st, 2022 at 5.5563

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).

Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4900 5.5635 5.4826 5.5607 +0.0707
Prev. Close Volume Bid Ask Time
5.4900 2022-07-01 17:22:23
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