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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Brazilian Real/Russian Ruble (FOREX:BRLRUB)
Bull Market Weakness (+75) - BRLRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLRUB as it may be in the beginning stages of a reversal.
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 UP since Feb 3rd, 2025 at 17.133985
The short-term trend has been UP since Jan 29th, 2025 at 16.817757
Smart Scan Analysis for BRLRUB
Based on our trend formula, BRLRUB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.180803 | 17.505425 | 16.905249 | 17.491265 | +0.310462 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.180803 | 2025-02-04 22:56:29 |