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Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Canadian Dollar/Brazilian Real (FOREX:CADBRL)
Weak Downtrend (-65) - CADBRL is showing signs of a strengthening downtrend. Monitor CADBRL as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for CADBRL
The long-term trend has been UP since Oct 4th, 2021 at 4.3221027
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 4.3386690
The short-term trend has been DOWN since Jan 19th, 2022 at 4.3851240
Smart Scan Analysis for CADBRL
Based on our trend formula, CADBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.3267292 | 4.3675288 | 4.3145821 | 4.3375131 | +0.0107840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.3267292 | 2022-01-21 17:03:25 |