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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Turkish Lira/Brazilian Real (FOREX:TRYBRL)
Long-Term Uptrend (+90) - TRYBRL is in a strong uptrend that is likely to continue. While TRYBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TRYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYBRL.
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 TRYBRL
The long-term trend has been UP since Jun 3rd, 2024 at 0.16323488
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.15689273
The short-term trend has been UP since Jul 17th, 2024 at 0.16581773
Smart Scan Analysis for TRYBRL
Based on our trend formula, TRYBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17048683 | 0.17215970 | 0.17024887 | 0.17162937 | +0.00114300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17048683 | 2024-07-26 16:52:37 |