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Forex Trend Analysis Report

Prepared for you on Monday, February 10, 2025.

British Pound/Brazilian Real (FOREX:GBPBRL)

Bear Market Rally (-75) - GBPBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBRL as it may be in the beginning 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
7.204626 7.278577 7.142872 7.159132 -0.045494
Entry Signal

MarketClub’s Trade Triangles for GBPBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 7.209820

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2025 at 7.570040

short term up The short-term trend has been UP since Feb 10th, 2025 at 7.251647

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
7.204626 7.278577 7.142872 7.159132 -0.045494
Prev. Close Volume Bid Ask Time
7.204626 2025-02-10 17:39:26
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