Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Brazilian Real/Australian Dollar (FOREX:BRLAUD)
Strong Uptrend (+100) - BRLAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BRLAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BRLAUD
The long-term trend has been UP since Mar 7th, 2023 at 0.29153265
The intermediate-term trend has been UP since Feb 22nd, 2023 at 0.28340000
The short-term trend has been UP since Mar 27th, 2023 at 0.28740000
Smart Scan Analysis for BRLAUD
Based on our trend formula, BRLAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).