Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Brazilian Real/British Pound (FOREX:BRLGBP)
Weak Downtrend (-65) - BRLGBP is showing signs of a strengthening downtrend. Monitor BRLGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BRLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLGBP.
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 BRLGBP
The long-term trend has been UP since Mar 8th, 2023 at 0.1643
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.1575
The short-term trend has been DOWN since Mar 10th, 2023 at 0.1608
Smart Scan Analysis for BRLGBP
Based on our trend formula, BRLGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1551 | 0.1562 | 0.1535 | 0.1537 | -0.0014 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1551 | 2023-03-23 19:52:46 |
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