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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Countertrend Down (-85) - BRLAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_BRLAUD
Open High Low BRLAUD Price Change
0.23110000 0.23440000 0.23049159 0.23172632 +0.00062600
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 0.24238706

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.25150000

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.23410000

Smart Scan Analysis for BRLAUD

Based on our trend formula, BRLAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23110000 0.23440000 0.23049159 0.23172632 +0.00062600
Prev. Close Volume Bid Ask Time
0.23110000 2021-02-26 17:12:07
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