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.
MarketClub’s Trade Triangles for BRLTRY
The long-term trend has been DOWN since Nov 17th, 2022 at 3.3843813
The intermediate-term trend has been DOWN since Nov 10th, 2022 at 3.4443381
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).