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.
MarketClub’s Trade Triangles for TRYBRL
The long-term trend has been DOWN since Apr 22nd, 2021 at 0.67138080
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 0.61429256
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).