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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Brazilian Real/Turkish Lira (FOREX:BRLTRY)
Long-Term Downtrend (-90) - BRLTRY is in a strong downtrend that is likely to continue. While BRLTRY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BRLTRY
The long-term trend has been DOWN since Jun 2nd, 2024 at 6.1260998
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 6.3753390
The short-term trend has been DOWN since Jul 17th, 2024 at 6.0338000
Smart Scan Analysis for BRLTRY
Based on our trend formula, BRLTRY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for BRLTRY](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
5.8524547 | 5.8749681 | 5.8279191 | 5.8430396 | -0.0094150 |
Prev. Close | Volume | Bid | Ask | Time |
5.8524547 | 2024-07-26 17:00:05 |