Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
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.
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MarketClub’s Trade Triangles for BRLUSD
The long-term trend has been DOWN since Mar 18th, 2024 at 0.19931835
The intermediate-term trend has been UP since Jan 10th, 2025 at 0.16582649
The short-term trend has been UP since Jan 28th, 2025 at 0.17041873
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.17217039 | 0.17383747 | 0.17025625 | 0.17364428 | +0.00147400 |
Prev. Close | Volume | Bid | Ask | Time |
0.17217039 | 2025-02-04 22:51:14 |