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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Turkish Lira/Brazilian Real (FOREX:TRYBRL)
Bear Market Rally (-75) - TRYBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYBRL as it may be in the beginning of a reversal.
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 Apr 28th, 2021 at 0.65487669
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.15689273
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.15882751
Smart Scan Analysis for TRYBRL
Based on our trend formula, TRYBRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15851124 | 0.15887030 | 0.15729122 | 0.15748032 | -0.00103100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15851124 | 2024-04-26 15:37:08 |