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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Brazilian Real (FOREX:EURBRL)
Strong Uptrend (+100) - EURBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EURBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBRL.
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 EURBRL
The long-term trend has been UP since Oct 6th, 2023 at 5.4640000
The intermediate-term trend has been UP since Dec 9th, 2024 at 6.4557887
The short-term trend has been UP since Dec 24th, 2024 at 6.4557887
Smart Scan Analysis for EURBRL
Based on our trend formula, EURBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.007722 | 7.012637 | 7.002815 | 7.007722 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.007722 | 2024-12-26 05:03:22 |