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Forex Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Long-Term Uptrend (+90) - BRLRUB is in a strong uptrend that is likely to continue. While BRLRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_BRLRUB
Open High Low BRLRUB Price Change
14.444051 14.497634 14.256659 14.300735 -0.143316
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term up The long-term trend has been UP since May 10th, 2021 at 14.253908

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2021 at 13.615106

short term up The short-term trend has been UP since Jun 16th, 2021 at 14.335036

Smart Scan Analysis for BRLRUB

Based on our trend formula, BRLRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.444051 14.497634 14.256659 14.300735 -0.143316
Prev. Close Volume Bid Ask Time
14.444051 2021-06-18 17:09:12
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