Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

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.

FOREX_BRLEUR
Open High Low BRLEUR Price Change
0.15689726 0.15813033 0.15480000 0.15501238 -0.00188500
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 0.1565

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2021 at 0.1583

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 0.1572

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).

-65
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15689726 0.15813033 0.15480000 0.15501238 -0.00188500
Prev. Close Volume Bid Ask Time
0.15689726 2021-12-01 23:40:00
Get a free daily analysis and signals for Brazilian Real/Euro (BRLEUR) - Request Your Free Report.