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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Brazilian Real/South African Rand (FOREX:BRLZAR)
Crossroads (-60) - BRLZAR 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 BRLZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLZAR.
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 BRLZAR
The long-term trend has been UP since Feb 2nd, 2025 at 3.2056446
The intermediate-term trend has been DOWN since Apr 21st, 2025 at 3.1506484
The short-term trend has been DOWN since May 1st, 2025 at 3.2573081
Smart Scan Analysis for BRLZAR
Based on our trend formula, BRLZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1705559 | 3.2302090 | 3.1578062 | 3.2241438 | +0.0535880 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1705559 | 2025-05-08 23:00:57 |