Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
ISE FX Brazilian Real FX Spot (NASDAQ:BRB)
Countertrend Up (+85) - BRB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for BRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BRB
The long-term trend has been UP since Aug 23rd, 2019 at 412.11
The intermediate-term trend has been UP since Jan 10th, 2020 at 410.26
The short-term trend has been DOWN since Feb 14th, 2020 at 430.67
Smart Scan Analysis for BRB
Based on our trend formula, BRB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||421.49||52wk High Date||2018-08-30|
|52wk Low||312.62||52wk Low Date||2018-01-25|