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Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Brazilian Real/Euro (FOREX:BRLEUR)
Weak Uptrend (+65) - BRLEUR is showing signs of weakening momentum to the upside. Monitor BRLEUR as it may be in the beginning stages of a reversal.
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 UP since Apr 16th, 2023 at 0.1855
The intermediate-term trend has been UP since Sep 14th, 2023 at 0.1905
The short-term trend has been DOWN since Sep 19th, 2023 at 0.1922
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 |
|---|---|---|---|---|
| 0.1886 | 0.1888 | 0.1886 | 0.1888 | +0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1886 | 2023-10-03 01:09:01 |