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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
Brazilian Real/Russian Ruble (FOREX:BRLRUB)
Countertrend Down (-85) - BRLRUB 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 BRLRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLRUB.
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 BRLRUB
The long-term trend has been DOWN since Dec 25th, 2024 at 15.418789
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 16.342048
The short-term trend has been UP since Jan 23rd, 2025 at 16.900875
Smart Scan Analysis for BRLRUB
Based on our trend formula, BRLRUB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.852105 | 16.863994 | 16.383011 | 16.526747 | -0.325358 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.852105 | 2025-01-24 17:07:06 |