Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Turkish Lira/Brazilian Real (FOREX:TRYBRL)
Weak Downtrend (-65) - TRYBRL is showing signs of a strengthening downtrend. Monitor TRYBRL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TRYBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYBRL.
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 TRYBRL
The long-term trend has been DOWN since May 5th, 2021 at 0.65026218
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.15689273
The short-term trend has been DOWN since May 2nd, 2024 at 0.15707584
Smart Scan Analysis for TRYBRL
Based on our trend formula, TRYBRL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.15785215 | 0.15823506 | 0.15596822 | 0.15675280 | -0.00109900 |
Prev. Close | Volume | Bid | Ask | Time |
0.15785215 | 2024-05-03 12:08:34 |