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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)

Strong Uptrend (+100) - NZDBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
3.1058743 3.1394149 3.0719897 3.1394149 +0.0335410
Entry Signal

MarketClub’s Trade Triangles for NZDBRL

long term up The long-term trend has been UP since Nov 12th, 2019 at 2.6650500

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2020 at 2.7220369

short term up The short-term trend has been UP since Apr 3rd, 2020 at 3.1356955

Smart Scan Analysis for NZDBRL

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

+100
Smart Scan Analysis for NZDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1058743 3.1394149 3.0719897 3.1394149 +0.0335410
Prev. Close Volume Bid Ask Time
3.1058743 3.1352949 3.1435349 2020-04-03 17:10:32
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