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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Brazilian Real (FOREX:GBPBRL)
Long-Term Downtrend (-90) - GBPBRL is in a strong downtrend that is likely to continue. While GBPBRL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBRL.
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 GBPBRL
The long-term trend has been DOWN since Feb 2nd, 2025 at 7.209820
The intermediate-term trend has been DOWN since May 8th, 2025 at 7.490654
The short-term trend has been DOWN since May 8th, 2025 at 7.501997
Smart Scan Analysis for GBPBRL
Based on our trend formula, GBPBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.496269 | 7.543943 | 7.488312 | 7.530138 | +0.033869 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.496269 | 2025-05-09 06:30:29 |