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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)

Sidelines Mode (+55) - BRLIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2560.7791 2594.1402 2558.5482 2561.5515 +0.7724
Entry Signal

MarketClub’s Trade Triangles for BRLIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 2813.7133

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 2633.5082

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 2555.7420

Smart Scan Analysis for BRLIDR

Based on our trend formula, BRLIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BRLIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2560.7791 2594.1402 2558.5482 2561.5515 +0.7724
Prev. Close Volume Bid Ask Time
2560.7791 2021-02-26 11:05:19
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