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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.
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MarketClub’s Trade Triangles for AUDBRL
The long-term trend has been UP since Oct 4th, 2021 at 3.9542656
The intermediate-term trend has been DOWN since Jan 11th, 2022 at 4.0239827
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).
| 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 |