Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Turkish Lira/Brazilian Real (FOREX:TRYBRL)
Weak Uptrend (+65) - TRYBRL is showing signs of weakening momentum to the upside. Monitor TRYBRL as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for TRYBRL
The long-term trend has been UP since Jan 7th, 2021 at 0.7356536
The intermediate-term trend has been UP since Dec 24th, 2020 at 0.6908258
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.7700820
Smart Scan Analysis for TRYBRL
Based on our trend formula, TRYBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).