Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
New Zealand Dollar/Brazilian Real (FOREX:NZDBRL)
Weak Uptrend (+65) - NZDBRL is showing signs of weakening momentum to the upside. Monitor NZDBRL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDBRL.
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 NZDBRL
The long-term trend has been UP since Apr 16th, 2024 at 3.1023309
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 3.3894509
The short-term trend has been UP since Nov 27th, 2024 at 3.4261323
Smart Scan Analysis for NZDBRL
Based on our trend formula, NZDBRL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.5472191 | 3.5496177 | 3.5427460 | 3.5452215 | -0.0019980 |
Prev. Close | Volume | Bid | Ask | Time |
3.5472191 | 2024-12-05 01:50:16 |