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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)

Long-Term Downtrend (-90) - BRLIDR is in a strong downtrend that is likely to continue. While BRLIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BRLIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLIDR
Open High Low BRLIDR Price Change
2812.1325 2825.2057 2780.3415 2791.4587 -20.6738
Entry Signal

MarketClub’s Trade Triangles for BRLIDR

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 2807.4582

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 2915.9282

short term down The short-term trend has been DOWN since Jul 1st, 2022 at 2812.3851

Smart Scan Analysis for BRLIDR

Based on our trend formula, BRLIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BRLIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2812.1325 2825.2057 2780.3415 2791.4587 -20.6738
Prev. Close Volume Bid Ask Time
2812.1325 2022-07-05 20:17:44
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