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Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2025.
Brazilian Real/New Zealand Dollar (FOREX:BRLNZD)
Strong Uptrend (+100) - BRLNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BRLNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLNZD.
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 BRLNZD
The long-term trend has been UP since Jan 27th, 2025 at 0.3000
The intermediate-term trend has been UP since Jan 9th, 2025 at 0.2932
The short-term trend has been UP since Jan 28th, 2025 at 0.3002
Smart Scan Analysis for BRLNZD
Based on our trend formula, BRLNZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3015 | 0.3032 | 0.3007 | 0.3015 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3015 | 2025-01-29 15:09:31 |