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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.

FOREX_TRYBRL
Open High Low TRYBRL Price Change
0.7551629 0.7608027 0.7489357 0.7566208 +0.0014580
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term up The long-term trend has been UP since Jan 7th, 2021 at 0.7356536

intermediate term up The intermediate-term trend has been UP since Dec 24th, 2020 at 0.6908258

short term down 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).

+65
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7551629 0.7608027 0.7489357 0.7566208 +0.0014580
Prev. Close Volume Bid Ask Time
0.7551629 2021-02-25 12:08:08
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