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Forex Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

Brazilian Real/Turkish Lira (FOREX:BRLTRY)

Bull Market Weakness (+75) - BRLTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLTRY as it may be in the beginning stages of a reversal.

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
5.4601608 5.4877560 5.4394869 5.4475664 -0.0125940
Entry Signal

MarketClub’s Trade Triangles for BRLTRY

long term up The long-term trend has been UP since Jan 12th, 2023 at 3.7043445

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2023 at 5.5798708

short term up The short-term trend has been UP since Sep 27th, 2023 at 5.5681384

Smart Scan Analysis for BRLTRY

Based on our trend formula, BRLTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BRLTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4601608 5.4877560 5.4394869 5.4475664 -0.0125940
Prev. Close Volume Bid Ask Time
5.4601608 2023-09-29 06:44:11
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