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Forex Trend Analysis Report

Prepared for you on Friday, December 2, 2022.

Brazilian Real/Turkish Lira (FOREX:BRLTRY)

Weak Downtrend (-65) - BRLTRY is showing signs of a strengthening downtrend. Monitor BRLTRY as it may be building momentum to the downside.

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

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

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

FOREX_BRLTRY
Open High Low BRLTRY Price Change
3.5943353 3.6081858 3.5545072 3.5684058 -0.0259300
Entry Signal

MarketClub’s Trade Triangles for BRLTRY

long term down The long-term trend has been DOWN since Nov 17th, 2022 at 3.3843813

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2022 at 3.4443381

short term up The short-term trend has been UP since Nov 29th, 2022 at 3.5130719

Smart Scan Analysis for BRLTRY

Based on our trend formula, BRLTRY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5943353 3.6081858 3.5545072 3.5684058 -0.0259300
Prev. Close Volume Bid Ask Time
3.5943353 2022-12-02 11:43:29
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