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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Australian Dollar/Brazilian Real (FOREX:AUDBRL)

Crossroads (-60) - AUDBRL 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 AUDBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDBRL
Open High Low AUDBRL Price Change
4.0243960 4.0312668 3.9713621 3.9939935 -0.0304030
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term up The long-term trend has been UP since Oct 4th, 2021 at 3.9542656

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2022 at 4.0239827

short term down The short-term trend has been DOWN since Jan 7th, 2022 at 4.0653326

Smart Scan Analysis for AUDBRL

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

-60
Smart Scan Analysis for AUDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0243960 4.0312668 3.9713621 3.9939935 -0.0304030
Prev. Close Volume Bid Ask Time
4.0243960 2022-01-14 16:36:21
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