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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
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.
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MarketClub’s Trade Triangles for TRYBRL
The long-term trend has been UP since Nov 6th, 2024 at 0.17441625
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.17177956
The short-term trend has been DOWN since Jan 21st, 2025 at 0.16917337
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.16890909 | 0.16981344 | 0.16592157 | 0.16671550 | -0.00219400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16890909 | 2025-01-22 23:25:44 |