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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Brazilian Real/Euro (FOREX:BRLEUR)
Weak Downtrend (-65) - BRLEUR is showing signs of a strengthening downtrend. Monitor BRLEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BRLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLEUR.
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 BRLEUR
The long-term trend has been DOWN since Oct 6th, 2023 at 0.1829
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.1549
The short-term trend has been UP since Dec 20th, 2024 at 0.1579
Smart Scan Analysis for BRLEUR
Based on our trend formula, BRLEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1568 | 0.1589 | 0.1558 | 0.1575 | +0.0007 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1568 | 2024-12-20 17:04:18 |