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Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2025.
Brazilian Real/Japanese Yen (FOREX:BRLJPY)
Bull Market Weakness (+75) - BRLJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BRLJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLJPY.
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 BRLJPY
The long-term trend has been DOWN since Jun 10th, 2024 at 29.212000
The intermediate-term trend has been UP since Jan 6th, 2025 at 25.900382
The short-term trend has been UP since Jan 22nd, 2025 at 25.897000
Smart Scan Analysis for BRLJPY
Based on our trend formula, BRLJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.348000 | 26.535000 | 26.166000 | 26.491921 | +0.143921 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.348000 | 2025-01-23 13:19:58 |