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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Brazilian Real (FOREX:GBPBRL)

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

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

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

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

FOREX_GBPBRL
Open High Low GBPBRL Price Change
7.645278 7.716068 7.643065 7.682085 +0.036807
Entry Signal

MarketClub’s Trade Triangles for GBPBRL

long term up The long-term trend has been UP since Oct 6th, 2021 at 7.459939

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 7.374647

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 7.716068

Smart Scan Analysis for GBPBRL

Based on our trend formula, GBPBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.645278 7.716068 7.643065 7.682085 +0.036807
Prev. Close Volume Bid Ask Time
7.645278 2021-10-26 14:05:25
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