Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Brazilian Real/US Dollar (FOREX:BRLUSD)

Crossroads (+60) - BRLUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_BRLUSD
Open High Low BRLUSD Price Change
0.18386748 0.18569759 0.18330127 0.18451207 +0.00064500
Entry Signal

MarketClub’s Trade Triangles for BRLUSD

long term down The long-term trend has been DOWN since Sep 30th, 2021 at 0.18270515

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2022 at 0.18011542

short term up The short-term trend has been UP since Jan 19th, 2022 at 0.18201345

Smart Scan Analysis for BRLUSD

Based on our trend formula, BRLUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18386748 0.18569759 0.18330127 0.18451207 +0.00064500
Prev. Close Volume Bid Ask Time
0.18386748 2022-01-20 23:17:24
Get a free daily analysis and signals for Brazilian Real/US Dollar (BRLUSD) - Request Your Free Report.