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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

Turkish Lira/Brazilian Real (FOREX:TRYBRL)

Strong Downtrend (-100) - TRYBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_TRYBRL
Open High Low TRYBRL Price Change
0.41243110 0.41281572 0.40862772 0.40917088 -0.00326000
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term down The long-term trend has been DOWN since Apr 22nd, 2021 at 0.67138080

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2021 at 0.61429256

short term down The short-term trend has been DOWN since Nov 3rd, 2021 at 0.58720496

Smart Scan Analysis for TRYBRL

Based on our trend formula, TRYBRL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41243110 0.41281572 0.40862772 0.40917088 -0.00326000
Prev. Close Volume Bid Ask Time
0.41243110 2021-12-06 01:20:22
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