Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)

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

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.

FOREX_NZDBRL
Open High Low NZDBRL Price Change
4.0465592 4.0573292 3.9678742 3.9785793 -0.0679800
Entry Signal

MarketClub’s Trade Triangles for NZDBRL

long term up The long-term trend has been UP since Oct 4th, 2021 at 3.7960782

intermediate term up The intermediate-term trend has been UP since Sep 8th, 2021 at 3.7398732

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 4.0126616

Smart Scan Analysis for NZDBRL

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

+75
Smart Scan Analysis for NZDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0465592 4.0573292 3.9678742 3.9785793 -0.0679800
Prev. Close Volume Bid Ask Time
4.0465592 2021-10-25 20:03:25
Get a free daily analysis and signals for New Zealand Dollar/Brazilian Real (NZDBRL) - Request Your Free Report.