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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Brazilian Real/Peruvian Nuevo Sol (FOREX:BRLPEN)

Crossroads (+60) - BRLPEN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_BRLPEN
Open High Low BRLPEN Price Change
0.6426 0.6426 0.6423 0.6425 -0.0001
Entry Signal

MarketClub’s Trade Triangles for BRLPEN

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 0.74730000

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2025 at 0.62323356

short term up The short-term trend has been UP since Jan 28th, 2025 at 0.63540000

Smart Scan Analysis for BRLPEN

Based on our trend formula, BRLPEN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6426 0.6426 0.6423 0.6425 -0.0001
Prev. Close Volume Bid Ask Time
0.6426 2025-02-05 01:26:36
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