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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Brazilian Real/Canadian Dollar (FOREX:BRLCAD)
Countertrend Down (-85) - BRLCAD 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 BRLCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCAD.
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 BRLCAD
The long-term trend has been DOWN since Feb 8th, 2024 at 0.26956556
The intermediate-term trend has been DOWN since Mar 8th, 2024 at 0.26978305
The short-term trend has been UP since Apr 23rd, 2024 at 0.26507000
Smart Scan Analysis for BRLCAD
Based on our trend formula, BRLCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26456643 | 0.26751999 | 0.26437398 | 0.26703673 | +0.00247000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26456643 | 2024-04-26 15:44:33 |