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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Brazilian Real/Turkish Lira (FOREX:BRLTRY)
Strong Downtrend (-100) - BRLTRY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BRLTRY continues to fall. 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 Nov 6th, 2024 at 5.6941578
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 6.0643847
The short-term trend has been DOWN since Nov 21st, 2024 at 5.9176620
Smart Scan Analysis for BRLTRY
Based on our trend formula, BRLTRY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9741733 | 5.9953294 | 5.9100158 | 5.9220558 | -0.0521180 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9741733 | 2024-11-21 12:19:39 |