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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)
Weak Downtrend (-65) - NZDBRL is showing signs of a strengthening downtrend. Monitor NZDBRL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDBRL
The long-term trend has been UP since Apr 16th, 2024 at 3.1023309
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 3.2676737
The short-term trend has been DOWN since Jul 22nd, 2024 at 3.3256957
Smart Scan Analysis for NZDBRL
Based on our trend formula, NZDBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NZDBRL](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
3.3244046 | 3.3407968 | 3.3112026 | 3.3308097 | +0.0064050 |
Prev. Close | Volume | Bid | Ask | Time |
3.3244046 | 2024-07-26 16:52:37 |