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Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Brazilian Real/Japanese Yen (FOREX:BRLJPY)
Countertrend Down (-85) - BRLJPY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid
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 Jan 2nd, 2019 at 28.053500
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 26.533000
The short-term trend has been UP since Feb 14th, 2020 at 25.555003
Smart Scan Analysis for BRLJPY
Based on our trend formula, BRLJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.555849 | 25.571000 | 25.340000 | 25.344000 | -0.211849 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.555849 | 25.336000 | 25.352000 | 2020-02-17 21:43:05 |