Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)
Sidelines Mode (-55) - NZDBRL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDBRL
The long-term trend has been DOWN since Jan 27th, 2025 at 3.3337703
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 3.4098588
The short-term trend has been UP since Feb 20th, 2025 at 3.2924436
Smart Scan Analysis for NZDBRL
Based on our trend formula, NZDBRL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2868538 | 3.3009595 | 3.2742135 | 3.2888983 | +0.0020450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2868538 | 2025-02-21 17:03:24 |