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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

Turkish Lira/Brazilian Real (FOREX:TRYBRL)

Crossroads (-60) - TRYBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_TRYBRL
Open High Low TRYBRL Price Change
0.6800631 0.6908258 0.6777820 0.6811747 +0.0011120
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term down The long-term trend has been DOWN since Jun 8th, 2020 at 0.7149930

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2020 at 0.7209461

short term up The short-term trend has been UP since Nov 30th, 2020 at 0.6868355

Smart Scan Analysis for TRYBRL

Based on our trend formula, TRYBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6800631 0.6908258 0.6777820 0.6811747 +0.0011120
Prev. Close Volume Bid Ask Time
0.6800631 2020-11-30 18:48:53
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