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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.

FOREX_BRLUSD
Open High Low BRLUSD Price Change
0.17217039 0.17383747 0.17025625 0.17364428 +0.00147400
Entry Signal

MarketClub’s Trade Triangles for BRLUSD

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 0.19931835

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2025 at 0.16582649

short term up 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).

+60
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways 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
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