Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Brazilian Real/Euro (FOREX:BRLEUR)
Strong Downtrend (-100) - BRLEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BRLEUR
The long-term trend has been DOWN since Feb 26th, 2021 at 0.14820000
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.14626945
The short-term trend has been DOWN since Apr 9th, 2021 at 0.14910000
Smart Scan Analysis for BRLEUR
Based on our trend formula, BRLEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).