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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.

FOREX_BRLEUR
Open High Low BRLEUR Price Change
0.1886 0.1888 0.1886 0.1888 +0.0002
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term up The long-term trend has been UP since Apr 16th, 2023 at 0.1855

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2023 at 0.1905

short term down 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).

+65
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways 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
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