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Forex Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

Canadian Dollar/Brazilian Real (FOREX:CADBRL)

Weak Uptrend (+65) - CADBRL is showing signs of weakening momentum to the upside. Monitor CADBRL as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CADBRL
Open High Low CADBRL Price Change
3.9276967 3.9276967 3.9276967 3.9276967 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADBRL

long term up The long-term trend has been UP since Aug 22nd, 2019 at 3.0655500

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2020 at 3.9846285

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 3.8873796

Smart Scan Analysis for CADBRL

Based on our trend formula, CADBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CADBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9276967 3.9276967 3.9276967 3.9276967 0.0000000
Prev. Close Volume Bid Ask Time
3.9188380 3.9114122 3.9439812 2020-07-11 08:23:21
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