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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Brazilian Real/Euro (FOREX:BRLEUR)

Crossroads (+60) - BRLEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.15711172 0.15754488 0.15580000 0.15641136 -0.00070000
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term down The long-term trend has been DOWN since Aug 23rd, 2019 at 0.21720000

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 0.15351321

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.15730697

Smart Scan Analysis for BRLEUR

Based on our trend formula, BRLEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15711172 0.15754488 0.15580000 0.15641136 -0.00070000
Prev. Close Volume Bid Ask Time
0.15711172 2020-11-27 17:18:54
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