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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
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 DOWN since Jan 22nd, 2024 at 0.1578
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.1289
The short-term trend has been UP since Dec 20th, 2024 at 0.1308
Smart Scan Analysis for BRLGBP
Based on our trend formula, BRLGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1302 | 0.1321 | 0.1294 | 0.1306 | +0.0004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1302 | 2024-12-20 17:06:29 |