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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Turkish Lira/Brazilian Real (FOREX:TRYBRL)

Weak Uptrend (+65) - TRYBRL is showing signs of weakening momentum to the upside. Monitor TRYBRL as it may be in the beginning stages of a reversal.

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
0.17496732 0.17559609 0.17177956 0.17336504 -0.00160200
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term up The long-term trend has been UP since Nov 6th, 2024 at 0.17441625

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.16479977

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 0.17325108

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).

+65
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17496732 0.17559609 0.17177956 0.17336504 -0.00160200
Prev. Close Volume Bid Ask Time
0.17496732 2024-12-20 17:06:29
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