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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Turkish Lira/Brazilian Real (FOREX:TRYBRL)
Long-Term Downtrend (-90) - TRYBRL is in a strong downtrend that is likely to continue. While TRYBRL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 3rd, 2025 at 0.16209107
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.17177956
The short-term trend has been DOWN since Feb 12th, 2025 at 0.15966934
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 |
|---|---|---|---|---|
| 0.15660974 | 0.15777729 | 0.15599053 | 0.15777729 | +0.00116800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15660974 | 2025-02-21 17:03:24 |