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Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2025.
US Dollar/Brazilian Real (FOREX:USDBRL)
Weak Downtrend (-65) - USDBRL is showing signs of a strengthening downtrend. Monitor USDBRL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBRL.
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 USDBRL
The long-term trend has been UP since Mar 18th, 2024 at 5.017100
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 6.029800
The short-term trend has been DOWN since Jan 28th, 2025 at 5.867091
Smart Scan Analysis for USDBRL
Based on our trend formula, USDBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.8579 | 5.8889 | 5.8440 | 5.8666 | +0.0087 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.8579 | 2025-01-29 15:04:02 |