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Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Brazilian Real/Russian Ruble (FOREX:BRLRUB)
Crossroads (-60) - BRLRUB 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 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 May 4th, 2022 at 14.130786
The intermediate-term trend has been UP since May 4th, 2022 at 22.970643
The short-term trend has been UP since Jun 30th, 2022 at 10.406114
Smart Scan Analysis for BRLRUB
Based on our trend formula, BRLRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.220816 | 10.483171 | 10.207071 | 10.335934 | +0.115118 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.220816 | 2022-07-01 17:22:23 |