Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
ISE FX Brazilian Real FX Spot (NASDAQ:BRB)
Bull Market Weakness (+75) - BRB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BRB?
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 DOWN since Dec 1st, 2020 at 521.17
The intermediate-term trend has been UP since Dec 28th, 2020 at 522.12
The short-term trend has been UP since Feb 22nd, 2021 at 545.35
Smart Scan Analysis for BRB
Based on our trend formula, BRB is rated as a +70 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|